One man's pain is another man's joy: Oil times!

The price of a barrel of oil on Tuesday continued its downward movement as it fell below $55 per barrel. The fall in oil price has been a major headache to the Nigeria government.

Meanwhile, this trend has turned out to be a source of happiness to US drivers as they are enjoying lowest pump price of the product unlike other times.

The average gasolone price in the US has now fallen more than one dollar since its own peak of $3.7 in late April.

My question is, is there any imediate solution to this for Nigeria?



Comments