Arabinrin Aderonke: Why Naira-for-Crude policy is best for Nigerian economy

Arabinrin Aderonke: Why Naira-for-Crude policy is best for Nigerian economy

The oil sector in Nigeria has always been the topic of the day. Online. Offline. On the radio. Even in public transport. If you want to start a heated conversation anywhere in this country, just mention “fuel.” The reactions will start coming in. The price. The scarcity. The queues. The corruption. It’s personal for everyone because we have built a whole nation that depends on oil as if it’s the only thing keeping Nigeria alive. We cannot discus…

Nigeria remains Africa’s top oil producer despite output dip in March – OPEC report - Live Ghana TV

Nigeria maintained its position as Africa’s leading crude oil producer in March 2025, according to the latest monthly report by the Organisation of the Petroleum Exporting Countries (OPEC), even though the country experienced a decline in output during the period. Output falls, but Nigeria leads the continent OPEC’s March report, released on Monday, revealed that Nigeria’s crude oil production dropped to 1.40 million barrels per day (bpd), dow…

Why Nigeria’s Naira-for-Crude Policy Is Good for the Economy

In Nigeria, oil is always a hot topic. Whether you’re at the market, in a bus, or listening to the radio, once someone mentions “fuel,” everyone has something to say. Why? Because fuel affects everything—from transport to electricity to the cost of food. Our country depends heavily on oil. We use the money from oil to … The post Why Nigeria’s Naira-for-Crude Policy Is Good for the Economy  appeared first on Business Elites Africa.