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Tag Archives: What about 50 % rise in crude price and export dollar earnings ?

March, 2018

  • 12 March

    What about 50 % rise in crude price and export dollar earnings ?

    Nigeria’s income from crude oil export has lately been boosted, fortuitously, by an unexpected rise in crude oil prices, beyond the 2017 budget benchmark of $44.5/barrel. This favourable outcome which is evidently buoyed by OPEC’s strategic supply management should ordinarily be a blessing to our economy. Indeed, such optimism on oil price may also be sustained by the International Energy ...