Crude Oil: Buhari Says Nigeria Considering Reducing Output For Higher Prices - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
February 21, 2019
President Muhammadu Buhari has pledged the cooperation ofNigeria to reduce oil output in order to attract higher prices in the globalmarket.
Hosting Ahmad Qattan, Minister of State for African Affairsand Special Envoy of King Salman Bin Abdulaziz, of Saudi Arabia, at the StateHouse, Abuja, Buhari said output cuts had always been difficult for Nigeriaconsidering the country’s peculiar circumstances of large population, hugeexpanse of land and state of under-development.
Qattan said the important reason for which King Salman senthim was to make a request to President Buhari to ensure Nigeria’s compliancewith quotas assigned in January by exiting previous exemption from output cuts.