President Muhammadu Buhari on Wednesday met behind closed doors with the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mela Kyari, at the Presidential Villa, Abuja.
The agenda of the meeting was unknown as at the time of filing this report.
The meeting came amidst the escalating tension between the United States and Iran following the killing of an Iranian commander last week and the subsequent retaliating attacks on military bases housing U.S. troops in Iraq.
President Buhari, who equally serves as Minister of Petroleum Resources, would also be meeting with the Minister of State, Petroleum Resources, Mr Timipre Sylva, later today.
Brent crude, the global benchmark, gained 2.4% to reach $70.24 per barrel on Monday, the first time prices have hit that amount in more than seven months.