OPEC extends oil supply cut to April – What are the implications for Nigeria?

OPEC and allies have approved a continuation of the production levels of March for the month of April, with the exception of Russia and Kazakhstan, which will be allowed to increase production by 130 and 20 thousand barrels per day respectively. Joining CNBC Africa to discuss the implication of this for Nigeria, particularly its downstream sector is Kola Karim, Chairman of Shoreline Group.