Tag: #EconomicPolicy
-

LOCAL REFINERIES WON’T SHIELD NIGERIA FROM GLOBAL FUEL PRICE SHOCKS — CPPE
Even with domestic refineries coming on stream, Nigeria may still feel the heat of global fuel price swings, according to the Centre for the Promotion of Private Enterprise (CPPE). Dr. Muda Yusuf, founder of CPPE, explained that crude oil—the main raw material for refining—is priced using international benchmarks, meaning local refineries cannot completely escape global…
