Wednesday, July 9, 2025
23.2 C
Lagos

Buhari: ‘Oil Prices Totally Unacceptable’

President Muhammadu Buhari says the current prices of oil in the international market were “totally unacceptable.”

He made the declaration in Doha during a meeting with the Ruler of Qatar

“The current market situation in the oil industry is unsustainable and totally unacceptable,” Buhari was quoted as saying.
He highlighted the importance of co-operation between OPEC members on the issue: “We must co-operate both within and outside our respective organisations to find a common ground to stabilise the market.”

According to Reuters, Venezuela’s oil minister said Qatar, Russia, and Saudi Arabia had agreed to a meeting in mid-March as part of efforts to stabilise oil markets.

spot_img
spot_img
spot_img

Hot this week

Tinubu Tax Reforms: Transformative Policy Deployment for Nigerian Economy in a Generation – IMPI

The Independent Media and Policy Initiative (IMPI) has said...

Udeme Ufot to Chair QEDNG Creative Powerhouse Summit

Mighty Media Plus Network Limited, publishers of the online...

NESG-Stanbic IBTC Business Confidence Monitor: Easing Macro-economic Pressures, Favorable Business Climate

The Business Confidence Monitor (BCM) is the flagship survey-based...

Universal Insurance, NHIA, PTAD, Rite Foods Sponsor NAIPE 2025 AGM

The Universal Insurance Plc, National Health Insurance Authority (NHIA),...

MTN, 9mobile Ink National Infrastructure Partnership Deal

L-R: Abolaji Idowu, Chief Financial Officer, 9mobile; Omotola Ojutayo,...

Topics

ARCON DG, 37 Others Bag Advertising Fellowship Award

The Director-General of the Advertising Regulatory Council of Nigeria...

Nigerian, SA Gas Take Centre Stage at African Energy Chamber-Gazprom Roundtable

Various speakers at the international roundtable on natural gas...

Stanbic IBTC Bank PMI: Output Growth hits 15-Month High in April

The start of the second quarter of 2025 saw...

‘50% of Insurance Businesses Now Transacted Digitally’—Anchor Insurance CEO

Augustine Ebose MD/CEO Anchor Insurance Company Limited Following the effects of coronavirus...

Adeosun, Kari for NIA Chairman’s Investiture on Aug 16

The Nigerian Insurers Association [NIA] will hold an investiture luncheon in honour of its 22nd Chairman, Mr. Eddie Efekoha, on Tuesday, August 16, 2016 at the Grand Ball Room, Eko Hotel & Suites, Victoria Island, Lagos at 11.30 am prompt.

NCC Opens Public Enquiry on 3 Regulatory Instruments

By Aminu Maida EVC/CEO of NCC I welcome you all to...

Stock Market Statistics: Thursday, 2nd February, 2017

Market Cap (N'bn)              ...

Galvanising African Agriculture via Farm Mechanisation

Massey Ferguson, a worldwide brand of AGCO (NYSE:AGCO) is...
spot_img

Related Articles

Popular Categories

spot_imgspot_img