The Technical Sub-Committee on the Naira-for-Crude Policy convened at the Ministry of Finance Headquarters in Abuja to evaluate current developments and reinforce commitment to the policy framework. The meeting included key figures from the Finance Ministry and the Nigerian National Petroleum Corporation Limited (NNPCL).
This initiative, which is focused on exchanging naira for crude oil, aims to strengthen Nigeria’s currency and stabilize its economy. This gathering underscores the government’s dedication to assessing and potentially enhancing the policy’s effectiveness in light of prevailing economic conditions.
Further details on any outcomes or changes to the policy have not been disclosed.
Source: Read more