Oil Marketers and refiners demand details as naira-for-crude deal begins

 

Oil marketers and domestic refiners have urged the Federal Government to provide details about the naira-for-crude deal following the announcement by the Federal Ministry of Finance that the deal started on October 1, 2024.

On Saturday the Federal Government said it had commenced the sales of crude oil and other refined products in naira.

The announcement was welcomed by the Crude Oil Refinery Owners Association of Nigeria and the Petroleum Retail Outlet Owners Association of Nigeria, but the operators asked the government to provide details about the deal.