The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reached an agreement with oil producers to supply crude oil to domestic refineries at market prices on Wednesday, ending a supply dispute that had strained relations with international oil companies. Nigeria imports most of its fuel needs due to inadequate refining capacity, although a 650,000 barrel-a-day refinery built by Africa’s richest man Aliko Dangote, and operational since February, should produce more than enough for the country’s needs. Earlier, Dangote…
