Oil and Gas

Rainoil boss links rising fuel prices to FX crisis

The Managing Director of Rainoil Logistics,  Dr. Jude Nwaulune, has stated the current foreign exchange crisis is a major factor that contributes to the product’s anticipated landing cost for the Calabar region currently being around N580 per liter. According to The PUNCH, operators have stated that challenges in the local distribution channel and the ongoing foreign exchange […]