Business Economic Woes Worsen as Buyers Shun Nigerian Crude

L

LequteMan

Guest
Nigeria and President Muhammadu Buhari will be facing another problem as the country can't get people to buy its crude oil.

According to Vanguard, Nigeria’s economy faces significant risks in the days ahead as a result of the development.

The country is currently having difficulties getting buyers for its crude oil in the international market, even as the price of its various oil grades have been on a downward trend over the last couple of months.

Data obtained from global energy information providers, revealed that Nigeria is currently recording supply glut in the sales of its crude, as buyers seem to prefer other competing grades from other countries.

Read more
 

Attachments

  • oil-barrels.jpg
    oil-barrels.jpg
    69.6 KB · Views: 14
Back
Top