BREAKING NEWS: Oil Price Hits $90 Per Barrel For First Time Since 2014


Oil prices rose on Wednesday to $90 a barrel for the first time since 2014 — amid rising tensions between Russia and Ukraine.

Over the past months, oil prices have continued to surge amid increasing demand for the commodity.

Brent, global oil benchmark, topped the latest milestone while U.S. West Texas Intermediate (WTI) crude futures also witnessed a corresponding increase of 1.96% to $87.27 a barrel.

The current price is $28 higher than the $62 per barrel pegged in the 2022 budget of the federal government.

https://www.thecable.ng/breaking-oil-price-hits-90-per-barrel-for-first-time-since-2014/amp


*At least Buhari will stop crying about low oil price.

And stop borrowing our future away since they’d be more money into government account.

Meanwhile with higher oil price comes with higher subsidy to be paid on petrol.

This is what Nigeria could gone past had Tinubu and his urchins not engaged in a politically motivated and malicious protest against subsidy removal in 2012.

Buhari even called oil subsidy a scam.

Today he’s complaining of how this “scam” is making NNPC not to remit a single kobo to govt purse.

Today he’s battling to remove this “scam” he said was inexistent.

And in all these, myopic souls would foolishly defend without being ashamed of themselves.

Ndi ala! �

God why na?. Buhari ticket Don shine "green"