- Independent petroleum marketers can now buy petrol directly from the Dangote Refinery, bypassing NNPCL
- Experts suggest prices may remain high until the naira-for-crude policy takes effect
Lagos, Nigeria – The Nigerian government has granted permission to independent petroleum marketers to purchase petrol directly from the Dangote Refinery, ending the Nigerian National Petroleum Company Limited’s (NNPCL) exclusive off-taker role. This move aims to bring stability to the local fuel market, which has experienced volatility following NNPCL’s recent price increases.
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