Rising fuel prices: NNPC may supply foreign crude to Dangote refinery.
The Federal Government, through the Nigerian National Petroleum Company Limited (NNPCL), has begun efforts to secure crude oil supply for the Dangote Petroleum Refinery through third-party international traders in order to sustain domestic refining operations. Officials, however, cautioned that the move may not immediately lead to a reduction in petrol prices, as Nigerians continue to face rising fuel costs following recent increases by the Lekki-based refinery. Industry players and oil dealers confirmed that the refinery recently suspended the loading of […]
