The oil price has crashed to a very low point that oil-producing countries are now forced to trade at a negative price.
Nigeria which is one of Africa’s biggest producers of Oil and has its revenue and GDP dependent on Oil trading would also be severely affected due to this crash.
Don Jazzy has suggested a solution to how the Government could try and resolve the issue and at the same time help its citizens during this lockdown.
See His Tweets Below:-
Thank you @BudgITng. According to our constitution, the 36 states' Governors and the CBN Governor are important members of the National Economic Council. It's about time the @NGRPresident brought them all together to have a robust plan moving forward as this #Oilcrisis... https://t.co/yPPGDhflT0
— ITS DONJAZZY AGAIN(@DONJAZZY) April 21, 2020
