…as middleman in Dangote Refinery petrol purchase
This means NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery.
With NNPC no longer covering the differential between Dangote’s selling price and the price to marketers, subsidies will cease to exist. Marketers will now buy directly from Dangote and sell at cost price, adding their own differential, which may lead to a hike in the product’s price.
Also, marketers can now source products from anywhere, not just Dangote, promoting competition and potentially stabilising supply chains.
YOU CAN READ MORE NEWS UPDATES AND INFO @ https://www.voiceairmedia.com
The Osun State chapter of the All Progressives Congress(APC) has enjoined the members of the…
THE campaign organisation of Dr Akin Ogunbiyi has debunked a viral video circulating on social…
The Lagos State Ministry of Justice has released four policemen and a developer, Abiodun Ariori,…
Operatives of the Nigeria Security and Civil Defence Corps, Lagos State Command, have busted a…
Operatives of Anti-Crime Patrol, Orerokpe Division in Okpe Local Government Area of Delta State have…
Mr Peter Obi of the African Democratic Congress, ADC, has expressed concern over what he…