The recommendations by a 6-man committee of the National Economic Council have been accepted by the Nigerian Governors’ Forum. The report backs the full deregulation of petrol and suggests that the pump price for PMS could hover around 385 Naira. Uchenna Minnis, Managing Director of Howard Minnis Asset Management joins CNBC Africa to discuss some developing stories that impact the oil market.
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.