Petrol Now ₦839/Litre as Dangote Refinery Ends Festive Price Cut
Dangote Petroleum Refinery has announced an upward review of petrol prices nationwide, bringing an end to the temporary price relief enjoyed during the festive season. The refinery disclosed on Monday that the ex-depot (gantry) price of Premium Motor Spirit (PMS) has been increased from ₦699 per litre to ₦799 per litre. With the adjustment, petrol […]
Dangote Criticises Nigeria’s Oil Sector, Says Refineries Unsellable
Africa’s wealthiest individual and Chairman of the Dangote Group, Aliko Dangote, has expressed strong doubts about the viability of Nigeria’s refining sector, stating that the country’s current business climate is discouraging enough to scare off any serious investor. Speaking at a media briefing in Lagos on Sunday, Dangote argued that Nigeria’s downstream oil industry is […]