Fuel pump price hike: Nigerians may not benefit from Dangote Refinery – Economist

Fuel pump price hike: Nigerians may not benefit from Dangote Refinery – Economist …C0NTINUE READING HERE >>>

An economist, Johnson Chukwu, has said that with the Nigerian National Petroleum Company Limited, NNPCL in debt and unable to pay for Premium Motor Spirit, PMS, Nigerians may not benefit from the Dangote Refinery.

He said while acknowledging that Dangote Refinery will save the country some logistics costs on shipping, insurance, among other expenses, the current indebtedness of the NNPC could prevent the expected benefits from getting to Nigerians.

Speaking on Arise Television on…

>

Leave a Comment