Udoma said, “We must use this crisis to introduce measures that will truly diversify the Nigerian economy by ensuring that the non-oil sector generates enough foreign currency earnings to drive the economy even without any crude oil earnings.”
Browsing: Crude oil price fall
PPPRA said the introduction of taxes on petroleum products would supplement the revenue lost due to the fall of oil prices at the international market.
Addressing journalists shortly after the meeting, the Minister of Finance, Mrs. Kemi Adeosun, blamed the drop in allocations to a huge decline in the prices of crude oil.
19 January 2015, Lagos – The sharp decline in the price of crude oil will force policy makers in Nigeria to…
