Nigerian oil marketers propose N550/litre petrol price to Dangote Refinery for ending Lagos fuel scarcity.
Oil marketers in Nigeria propose N550 per litre price for petrol to Dangote Refinery as the refinery and NNPC Limited work towards ending the fuel scarcity in Lagos and its surroundings. Dangote Refinery, set to commence production in May 2024, can refine 650,000 barrels of crude oil per day. The parties are currently discussing pricing, distribution, and margins for stakeholders in the value chain, including transporters and insurers.
April 08, 2024
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