The Lagos Chamber of Commerce and Industry urges the Federal Government to provide crude oil to local refiners at a $/N1,000 exchange rate, to tackle the rising petrol prices.
In a statement, the LCCI President, Gabriel Idahosa, argued pegging the exchange rate for crude sales to local refineries would lower the cost of fuel production, thereby reducing the price of petrol at the pump and easing the burden on businesses and consumers.
Idahosa…
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