ENERGY: Buhari a 'Desperado' on a Journey? flies to Saudi Arabia to discuss world oil price and freezing of supply!
The news reaching us, suggest
that the Nigerian President Muhammadu Buhari and some OPEC and non OPEC leaders
who are heavily dependent on revenue from crude oil sales, and have been hit hard by the present free fall of crude oil price, are set to meet to
discuss steps to be taken to nip the “current crisis” in the bud.
A source in the Presidency
was quoted to have said:
"Ongoing efforts by
Nigeria and other members of the Organisation of Petroleum Exporting Countries
to achieve greater stability in the price of crude oil exports are expected to
be high on the agenda of discussions,"
...more to come...but you can share your thoughts on the proposal to freeze supply, in order to up the price of crude...
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