-
Nigerian Oil dealers threaten shutdown over Forex crisis
Oil and gas dealers in the country have declared that the harsh operating environment in the downstream oil sector has led to the collapse of about 70 per cent of businesses in the industry, stressing that the over 200 members of NOGASA may withdraw their services from next month if the government fails to act fast. The oil and gas dealers under the aegis of the Natural Oil and Gas Suppliers Association of Nigeria spoke after a resolution of its executive committee meeting in Abuja on Wednesday. NOGASA, an association of oil and gas suppliers in Nigeria., promotes the interests of the oil and gas supply industry. It ... (full story)