Kemi Adeosun: I hopes oil prices stabilize around $42-$50

Nigeria’s Finance Minister Kemi Adeosun speaks at a news conference in Lagos, Nigeria, April 9, 2016. REUTERS/Akintunde Akinleye

Mrs Adeosun has express hopes that oil prices stabilize to improve the economy of the country she said this in London today while giving an address, the Finance Minister said: “The oil price now looks stable and that is a good thing – oil prices that are too low are a problem, but equally oil prices that are too high for us are equally a problem,” Kemi Adeosun said in London.

“Stability around the $42 to $50 mark are good for us.”