No Cause for Worry Nigerians Told, as Oil Price Takes Huge Dip

The slump in the U.S. crude oil price to below $0 per barrel for the first time ever, is not a reflection of the reality in the global oil market capable of impacting Nigeria's oil production, the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said.

(file photo).


AllAfrica publishes around 700 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.