Competition between Dangote and Port Harcourt refineries will result in low fuel prices – NMDPRA

The Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Authority (NMDPRA), Farouk Ahmed, on Tuesday, told Nigerians to expect lower fuel prices following the resumption of operation by the Port Harcourt refinery.

The Port Harcourt 445,000 barrels per day refinery commenced operations on Tuesday after several missed deadlines.

Ahmed, who addressed journalists at the opening of the refinery, said the development would engender competition between the former and the Dangote Refinery in Lagos.