President Muhammadu Buhari has decried the current situation in the crude oil market, which has seen oil prices plummet by 70 per cent since mid-2014, saying it is “totally unacceptable.”
He emphasised the need for cooperation among Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC member states to stabilise crude oil prices.
The Nigerian leader made the statement on Sunday in Doha at a bilateral meeting with the Emir of the State of Qatar, Sheikh Tamim Bin Hammad Al-Thani.
