Marketers hopeful as 2 refineries set to launch petrol into Nigerian market
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IPMAN expresses optimism that Dangote Refinery and Port Harcourt Refinery will commence petrol operations in August 2024; Aliko Dangote is the Chairman of Dangote Group; Mele Kyari is the Group CEO of NNPCL; Shina Amoo is the IPMAN official; Amoo believes local refining will reduce petrol prices by eliminating freighting costs; The Dangote Refinery has a capacity of 650,000 bpd; The refineries face operational challenges, including crude oil supply issues; NNPC's failure to supply petrol to independent marketers has increased pump prices.

#Nigeria #Refineries #Petrol #Ipman #Dangote #Nnpc #Oil #Economy #Prices #Energy

https://www.legit.ng/business-economy/energy/1608955-prices-crash-marketers-speak-2-refineries-set-launch-petrol-nigerian-market/