Minister of State for Petroleum Resources, Mr. Timipre Sylva,

By JOY ADARA, Abuja –

State Petroleum Resources Minister Chief Timipre Sylva said the Organization of the Petroleum Exporting Countries (OPEC) decision to cut crude oil production by two million barrels was unanimous.

Chief Sylva, explaining this in a statement released on Tuesday, said the move was taken to stabilize the market and not out of ulterior motives.

The statement, entitled “ON OPEC + DECISION TO CUT…

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