With Nigeria’s oil production consistently failing to meet budget benchmarks and allotted OPEC quotas, the industry’s regulators and operators have come under severe pressure to fix the hostile operating environment that has seen both investors and international contractors move away from the country.

“We have no problem covering our gasoline payments. This is just money for normal business and not a desperate act,” Kyari said

“When you import, you must sell at a price that will be able to give you profit; otherwise, you cannot restock or reimport.”

A major drug cartel behind the production and distribution of deadly psychoactive substance, methamphetamine, popularly called mkpuru mmiri, has been taken down by operatives of the National Drug Law Enforcement Agency.

The House of Representatives has urged the federal government to suspend the implementation of the Samoa Agreement signed recently, pending the conclusion of an investigation into the matter