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Adeosun: Crude oil prices from $42 to $50 a barrel good for Nigeria

Freedom Reporter by Freedom Reporter
October 21, 2016
in Breaking News, Business, Economy, News
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Nigeria hopes crude prices will stabilise in a range around $42 to $50 a barrel, Finance Minister, Mrs. Kemi Adeosun, said on Friday in London.
“The oil price now looks stable and that is a good thing – oil prices that are too low are a problem, but equally oil prices that are too high for us are equally a problem,” Adeosun said.
“Stability around the $42 to $50 mark is good for us.”

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.