Ugochinyere said the emergence of West Africa as a refining hub made it imperative for the region to develop a credible benchmark for refined petroleum products.

The Federal Government argues that crises in Europe shouldn't dictate Africa petroleum price. Nigeria pushes for a West African regional benchmark reflecti

— S&P Global urges market participation By Obas Esiedesa, Abuja The Federal Government has backed the establishment of a regional petrol pricing benchmark for West Africa, saying…