Global body of Petroleum Engineers bemoans country’s heavy dependence on fuel imports, says act worsens forex liquidity challenge, burdens economy Fresh economic recession is imminent in Nigeria before December, apex global body of petroleum engineers and oil industry’s stakeholders, Society of Petroleum Engineers (SPE), has warned. Chairman, SPE Nigeria Council, Engineer Joe Nwakwue, who gave this warning on the sideline of a press conference to herald the 2020 SPE Nigeria Energy Industry Transformation Summit (NEITS) in Lagos, bemoaned the country’s heavy dependence on fuel imports, an act, he said, is…
Read MoreFresh Economic Recession imminent in Nigeria before December, SPE warns
