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I don’t know if it is only me, but I was confused when I read that the Dangote Refinery sold petrol to NNPCL at N898/litre. I had expected that since the fuel is now being refined locally, the product would be sold at a lower price, as the transportation costs from abroad would no longer apply. If anyone with more knowledge could clarify the situation, I would greatly appreciate it.
I don’t know if it is only me, but I was confused when I read that the Dangote Refinery sold petrol to NNPCL at N898/litre. I had expected that since the fuel is now being refined locally, the product would be sold at a lower price, as the transportation costs from abroad would no longer apply. If anyone with more knowledge could clarify the situation, I would greatly appreciate it.