in

“Nigeria’s Worse Days Due To Oil Price Slump Are Over” – OPEC

Nigeria’s ability to survive the low crude price period has been described as a supernatural occurrence by Secretary-General of the Organization of Petroleum Exporting Countries (OPEC)

According to Mohammed Barkindo, the country’s worst days due to the low crude prices were over. He was speaking during a courtesy visit to Dr Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources.

Loading...

‘‘We have gone through the worst energy cycle in recent memory. Some of us who have been around for quite a while, have witnessed all these five cycles and it is a consensus in terms of the gravity of these cycles, prices have crashed by over 80% from the fall of 2014 to January 2016.

‘‘How you survived as a government as an institution under this great industry remains a miracle. I have visited all other countries and I have seen how they are struggling,’‘ he added.

Loading...

Written by How Africa

Leave a Reply

Your email address will not be published. Required fields are marked *

CAPTCHA


This site uses Akismet to reduce spam. Learn how your comment data is processed.

South Africans Are Still Hunting For Immigrants??

Baila Ndiaye Is The First Senegalese To Design A Monoplace!! Meet Him….