Oil Marketers Say Forex Crisis, Bad Roads Affecting Business

Amid biting hardship, the oil sector in Nigeria continues to wobble and fumble. Oil marketers, under the aegis of the Natural Oil and Gas Suppliers Association of Nigeria, have alerted the Federal Government that the high dollar exchange rate against the naira, is killing their businesses. At a press briefing in Abuja, the National President of the organisation, Benneth Korie requested that foreign exchange for importing fuel should be pegged at 600 naira for the next three months. He also lamented the state of roads in the country.
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