N950 per litre Dangote petrol ‘ll encourage importation, says Marketers
Those who can queue may opt for the cheaper prices and wait in the queues, while people in haste will drive into stations that sell at higher rates to buy the product
Those who can queue may opt for the cheaper prices and wait in the queues, while people in haste will drive into stations that sell at higher rates to buy the product
The NNPC Ltd assures that if the quoted pricing is disputed, it will be grateful for any discount from the Dangote Refinery, which will be passed on 100% to the general public
Chinedu Ukadike, said the market should be open for all in line with the willing-buyer and willing-seller commitment earlier made by the corporation.
Oil marketers in the country have confirmed that they will start lifting Premium Motor Spirit (petrol), from the refinery in few days.
NNPC had informed the management of Dangote Group of its intention to station a team of six to 10 people permanently at the $20 billion refinery.
As a result of this poor local patronage, the refinery exports most of its diesel and aviation fuel.
Habib opined that oil and gas would remain key drivers of the global economy for at least the next 50 years.
The Federal Executive Council approved that the 450,000 barrels meant for domestic consumption be offered in Naira to Nigerian refineries, using the Dangote refinery as a pilot.
Once energy security is achieved, Africa can play a greater global role as it builds out its downstream
Officials and residents of the two states have also accused each other of attempting to appropriate the site which is said to contain one billion barrels of crude oil reserves and 500 billion standard cubic feet of gas.