• Why Nigeria should pull out of OPEC – NPA manager explains

    Why Nigeria should pull out of OPEC – NPA manager explains

    The General Manager, Western Ports, Nigeria Ports Authority, Chief Michael Ajayi, has said that continued naira devaluation is a key factor that would ensure Nigeria’s exit from Organisation of Oil Producing Countries (OPEC).

    Ajayi stated this in a paper titled: “Nigeria’s Economy and Way Forward” during the Induction of new members of the Institute of Credit Administration (ICA) in Lagos. He said “As a way forward, if we must continue to devalue the naira, then we must pull out of OPEC […]