Crude Oil has become new catalyst for World economy

Nigerian President Muhammadu Buhari will make a week-long visit to Saudi Arabia and Qatar to discuss crude oil price and market stability.

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crude oil prices

Nigerian government and other members of the Organisation of Petroleum Exporting Countries (OPEC) are putting unending efforts to achieve greater stability in the price of crude oil exports.

[dropcap color=”#008040″ boxed=”yes” boxed_radius=”8px” class=”” id=””]N[/dropcap]igerian President Muhammadu Buhari will begin a week-long visit to Saudi Arabia and Qatar on Monday. He will be discussing crude oil prices and market stability, a top official said on Sunday.


Nigerian presidential spokesperson Femi Adesina informed in Abuja, the country’s capital city, that, Buhari would first fly to Riyadh on Tuesday for discussions with King Salman Bin Abdulaziz Al Saud and senior officials of Saudi Arabia.

The ongoing efforts by the Nigerian government and other members of the Organisation of Petroleum Exporting Countries (OPEC) to achieve greater stability in the price of crude oil exports were expected to be high on the agenda of discussions between Buhari and the Saudi monarch, he said.

The oil prices will also be main concern when President Buhari will have discussion on Sunday with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, the spokesperson said.

Buhari’s other engagements in Saudi Arabia include meetings with heads of international financial organisations and multilateral associations, Adesina said.

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1. IANS

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