Oil Price: Buhari summons emergency meeting of key aides

President Muhammadu Buhari has summoned a closed-door meeting with key aides in charge of the economy, including those in charge of Finance and Petroleum Resources.

Specifically, the meeting is being attended by the Minister of Finance, Mrs Zainab Ahmed; Minister of State for Finance, Budget and National Planning, Prince Clement Agba; as well as the Minister of State for Petroleum Resources, Mr. Timipre Sylva.

Also in the meeting are the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari.

The CBN Governor was the first to arrive at about 3:02pm, while others came in at,about 3:17pm and proceeded straight to the President’s office at the State House, Abuja.

Although the agenda of the meeting is not made public, it may not be unconnected with the crash in crude oil prices in the international market from $53pb to $31pb occasioned by the Coronaviru outbreak.

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