Birdwatch Note Rating
2024-10-08 18:23:31 UTC - HELPFUL
Rated by Participant: 9412A0C4BEFB654657428772578664EF7CEFF4E6AFF8ADAEABA0CF0925BA3EF5
Participant Details
Original Note:
Misleading. State-owned NNPC will use Naira in crude sales to only 1 local Dangote refinery. Valued in US$, just like exports, they'd be settled in Naira at fixed rates. https://tribuneonlineng.com/naira-for-crude-dangote-refinery-to-get-400000-barrels-daily-report/ https://www.argusmedia.com/en/news-and-insights/latest-market-news/2615519-nigeria-starts-local-currency-crude-sales-to-dangote https://punchng.com/naira-for-crude-fg-panel-proposes-six-month-supply-for-dangote-refinery/ Nigeria's Central Bank posts daily crude prices in US$ https://www.cbn.gov.ng/rates/DailyCrude.asp Similar claims wr fact-checked earlier too https://africacheck.org/fact-checks/meta-programme-fact-checks/no-nigeria-hasnt-decided-sell-oil-local-currency-and-abandon
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