Sell crude oil at fixed price to reduce local PMS cost, Rewane tells FG

Amidst the rising fuel prices triggered by the ongoing Middle East hostilities, the Managing Director of Financial Derivatives Company, Bismarck Rewane, has advocated for a refinery-based subsidy model that channels benefits directly to consumers. The renowned economist argued that Nigeria’s resource endowment and strategic location provide a strong foundation for a more efficient subsidy system […]

Go to News Site