Naira-for-crude policy will cut forex demand — Dangote …C0NTINUE READING HERE >>>
The President of the Dangote Group, Aliko Dangote, says President Bola Tinubu’s Naira-for-crude policy will slash the demand for foreign exchange (forex) by 40 per cent.
Dangote said this on Tuesday at a press conference where he announced the commencement of the production of petrol at the Lagos-based 650,000 barrels per day facility.
DAILY POST recalls that in April, the Federal Government said indigenous refineries could buy crude oil in Naira or dollars.
Similarly, the government…
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