Oil prices: Again, Buhari meets NNPC GMD, Mela Kyari

The President, Major General Muhammadu Buhari (retd.), has again met with the Group Managing Director of the Nigeria National Petroleum Corporation, Mela Kyari, at the Presidential Villa, Abuja on Thursday. The News Diary.ng reports that the president had on January 8, met behind closed doors with Kyari, who declined comment on the outcome of the meeting. ND.ng reports that the agenda of Thursday’s meeting was unknown as at the time of filing this report. NewsDiary.ng reports that the January 8 meeting came amidst the escalating tension between the United States and Iran following the killing of an Iranian commander last week and the subsequent retaliatory attacks on military bases housing American troops in Iraq. The US-Iran crisis had caused an increase in oil prices beyond the 2020 budget benchmark.

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