Market pricing of petrol, FX setting Nigerian economy on industrialisation path

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Mr Edun said this initiative, made possible by Mr Tinubu, has enabled market pricing of petroleum products and foreign exchange.

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The minister noted that the market pricing of petroleum products has also paved the way for NNPC to restore its balance sheet, restore its financial fortunes, and give the federation more funding to allow governments to meet their obligations.Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.

Mr Edun said the meeting reviewed the progress of the initiative to ensure that the initial obstacles to the successful implementation of the sale of crude in naira to domestic refiners and the correlating sale of petroleum products in naira were overcome.

 

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