Amidst the deregulation of Nigeria's petroleum downstream industry, marketers now possess the freedom to import or source petroleum products locally. The new administration also decided to unify the Foreign Exchange rate system to simplify foreign currency transactions and make product pricing easier and more transparent. Consequently, FX unification remains a pivotal topic within the energy sector. Join our Masterclass focusing on "FX Unification and its Impact on Procurement in the Downstream Sector of the Oil and Gas Industry". Our esteemed speaker, Oluwatoyin Aina, leverages over 21 years of expertise in Banking and Finance, particularly in deal origination, negotiation, and execution across vital sectors like Energy/Natural Resources, Power, Infrastructure, and Transportation/Logistics. Aina's insights promise a holistic understanding of the subject matter. Key discussions will encompass:
- Deep exploration of FX unification's process and its ramifications on currency exchange rates and volatility.
- Adaptive procurement practices for downstream oil and gas companies amid FX unification.
- Strategies to fortify supply chains against FX fluctuations and disruptions.
- Real-world case studies illustrating successful procurement strategies amidst FX unification challenges.
This Masterclass aims to equip participants with a comprehensive grasp of FX unification's landscape and its direct implications on oil and gas procurement, offering practical strategies to navigate these changes effectively.
Date: Tuesday 12th December 2023
Time: 07:00 PM West Central Africa
Meeting ID: 312 944 365 169
Passcode: WIEN