gold for oil barter

The government has been cautioned over its barter of gold-for-oil policy in order not to destroy the downstream petroleum sector According to Energy Strategist, Dr. Yussif Sulemana, the policy may have some energy security ramifications that may impact some Oil Marketing Companies (OMCs). Speaking to Joy Business, Dr. Sulemana, said the policy should be championed so that the gains are not disproportionate to the potential negative impact. “We have to make sure that we do not destroy our banking sector. And I am happy that they are involving a lot of BDCs in this current negotiation. And I also want to…