Why Dangote named NNPC the sole buyer of its product, marketers kick

  • Independent oil marketers have frowned at the decision of the Dangote Refinery to make NNPC its sole distributor
  • The vice president of IPMAN, Chinedu Ukadike, disclosed that the move will create a monopoly in the system
  • The Dangote Refinery said its petrol is ready for sale and named the NNPC as the sole buyer of its product

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

Edwin Devakumar, the vice president of Oil and Gas at Dangote Industries Limited, has said that the Nigerian National Petroleum Company Limited (NNPC) will be the sole buyer of petrol from the Dangote Refinery.