FEC Approves Continuation of Naira-for-crude Initiative

The Federal Executive Council (FEC) has formally ordered the full implementation of the previously suspended Naira-for-Crude agreement with local refiners. The Minister of Finance Wale Edun at a meeting with representatives of the Dangote Refinery yesterday said the naira-for-crude initiative is still in effect and will continue for as long as it aligns with the […]