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OIL INDUSTRY
Different top oil-producing countries spend their oil revenues on different things that are important to their citizens
The Independent Petroleum Marketers Association of Nigeria (IPMAN) have said that there is confusion in the downstream sector of the oil industry as they don’t understand what is really happening, following the lingering fuel scarcity that has hit major cities across the country for some months.
OPEC members had expressed worries that the global economy is slowing down quickly in the face of quickly tightening monetary policy,
Addressing the issues in the oil and gas industry is crucial to the sustainability of the Nigerian economy and increasing the country's GDP.
What is good for the goose is therefore equally suitable for the gander. It is crucial that the government urgently unrolls a fiscal Marshall plan to address the economic emergency in the upstream oil sector