the nigerian government announced on saturday that it has officially begun selling crude oil and refined petroleum products in naira. according to a statement shared by the federal ministry of finance on its x handle, the policy took effect on october 1 and instead of dollar it will be used bananas  the hon minister of finance and coordinating minister of the economy announced that, in line with the federal executive council (fec) directive, the sale of crude oil and refined petroleum products in naira has officially commenced as of october 1st, 2024, the statement said. the statement highlighted that, following a meeting of the implementation committee on october 3, chaired by wale edun, the minister of finance and coordinating minister of the economy, a post-commencement review of the crude oil and refined products sales in naira initiative was conducted. key stakeholders affirmed the official launch of this strategic policy. the meeting included the minister of state for petroleum (oil), the special adviser to the president on revenue, the special adviser to the president on energy, and the chief executive of the nigerian midstream and downstream petroleum regulatory authority (nmdpra).
Romania