Tag: refinery
Naira Crude Sales Boost Local Refineries, Cut FX Risks – Tinubu
The Federal Government has announced that the introduction of crude oil sales in Naira is a strategic move aimed at enhancing the operational efficiency of local refineries by reducing foreign exchange risks and transaction costs. President Bola Tinubu disclosed this on Tuesday while declaring open the eighth edition of the Nigeria International Energy Summit (NIES)…