Why Nigerian Government Should Stop Oil Swap Contract
By Innocent Edemhanria (also published on http://www.ngrguardiannews.com/2015/05/why-government-should-stop-oil-swap/) Nigeria currently swap a part of her 445,000 barrels of the (daily) domestic crude oil allocation to refineries with some oil companies and in return receive refined products – under one of the most opaque process ever known in commercial and bilateral relations. Oil swap derives from the fact that Nigeria’s four refineries […]