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Nigeria hopes oil prices stabilise around $42 to $50 – Adeosun

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Nigeria hopes crude prices will stabilise in a range around $42 to $50 a barrel, the Minister of Finance, Kemi Adeosun, said on Friday in London.

Adeosun said: “The oil price now looks stable and that is a good thing – oil prices that are too low are a problem, but equally oil prices that are too high for us are equally a problem.
“Stability around the $42 to $50 mark is good for us.”

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