Ghana suggests currency to be used to simplify purchase of Dangote petrol

  • Ghana has hinted that African countries would agree on a common currency to buy Dangote petrol to dampen demand for dollars
  • The West African nation also stated interest in buying petroleum products from the refinery once the facility is operating at full capacity
  • The head of the country’s oil regulator said that patronising the Nigerian refinery would cut more expensive exports from Europe

Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the stock market.

Ghana is advocating for a unified currency across the Economic Community of West African States (ECOWAS) members to facilitate fuel transportation from the Dangote Petroleum Refinery and streamline other business dealings.