Dr. Edwin Alfred Provencal

Gold4Oil Policy Prevented Fuel Shortages – BOST MD

Gold4Oil Policy Prevented Fuel Shortages – BOST MD

The Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST), Dr. Edwin Alfred Provencal, has strongly asserted that the Gold for Oil policy has been instrumental in preventing potential fuel shortages, similar to those currently affecting Nigeria. He emphasized that the programme has proven its effectiveness since its inception, countering scepticism from some industry analysts who have called for its discontinuation. Speaking to Citi Business News, Dr Provencal highlighted the positive impact of the programme on economic growth, underscoring its critical role in stabilizing the fuel supply in the country. “The forex response to different stimuli but…
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