HomeBusinessDangote refinery don raise petrol price, na wetin go happen next?

Dangote refinery don raise petrol price, na wetin go happen next?

Omo, wahala don dey again for petrol price matter! You sabi say Dangote refinery don jack up gantry price for petrol from N699 to N799 per litre? E be like say our pocket go suffer small for naija streets, as MRS filling stations don follow come, now dem dey sell for N839 per litre.

According to the Major Energies Marketers Association of Nigeria, the landing cost of imported PMS na N728.88 per litre. But who fit compete with Dangote wey dey sell for N799? No be small matter oh! As the festive season don waka go, Dangote don realign im price back to wetin e suppose be.

Why e matter? The refinery talk say dem want make petrol dey affordable and stable for we Nigerians. Last year, during Christmas, Dangote even slash price, allow people buy petrol without wahala. But now, dem say festive gobe don finish, price must balance.

Na so the Chief Executive Officer, David Bird, talk say dem dey supply around 50 million litres of PMS daily. But some people dey vex say filling stations no dey reflect these new prices. As we dey now, petrol price don rise again, and many Nigerians dey wonder wetin go happen next.

Some oil marketers dey shout say Dangote just wan take over di market by dis price matter. Dem dey fear say, as e dey be, if Dangote continue like dis, other smaller suppliers no go fit compete again. E go b like monopoly if person no careful.

Correct me if I dey wrong, but as Dangote dey flex im muscles for petrol market, im don dey give some marketers better headache. Some believe say if importers ever fit sell price wey fit compete with Dangote, that one go shock the system but so far, we no see any sign.

This gbege no go end here, as everybody dey watch dem. Some experts dey talk say na because Dangote don dey slow down im production, that na why price still dey high for everywhere.

Wetin we fit do? Well, if you get your own gist, drop am. We dey follow this matter sharp sharp, make sure say we keep una updated anytime we get fresh news. E go better!


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