Dangote Group Explains Challenges Behind High Petrol Prices Despite Free Distribution
The Dangote Group's Vice President, Devakumar Edwin, revealed reasons for high petrol prices despite free distribution, citing challenges in crude oil supply and slow delivery of CNG trucks from China. The group aims to transition to 100% local crude supply by 2025 but faces constraints.
Recent suspension of naira-for-crude initiative by NNPC due to supply issues was highlighted, with intervention from Bola Tinubu to secure local crude supply.
Plus234Feed summary based on reporting from NaijaNews. Read the original report below.
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