Nigeria hopes oil supply cut deal would be extended -minister


JEDDAH, Saudi Arabia – Nigeria’s oil minister said on Sunday he hoped the supply cut agreement between OPEC and non-OPEC members would be extended until year-end.

“I’m hoping so,” Emmanuel Ibe Kachikwu said when asked if the deal needs to be extended. “I’m not so much worried about wars. I don’t think that will happen… I don’t think anybody’s going to push to the point of war,” Kachikwu said when asked about a risk of war in the region.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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