Nigerian news , poliitical news, Articles, editorials. Online Parrot Blog home
The Bedrock Of Political Analysis

Dangote Refinery Has Inferior Products, Nigeria Shouldn’t Rely on It

0

Dangote Refinery Has Inferior Products, Nigeria Shouldn’t Rely on It

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has revealed that the country shouldn’t depend too much on products from the Dangote Refinery, which citizens of the country believe would help to bring down the pump price.

Farouk Ahmed the Chief Executive of the agency said that the refinery was still at the commissioning stage and it’s yet to have a license.

“I think we have about 45% completion. We cannot rely heavily on one refinery to feed the nation because Dangote is requesting that we suspend or stop imports, especially of AGO and DPK, and direct all marketers to his refinery.

“That is not good for the nation in terms of energy security, and it is not good for the market because of the monopoly.

“Dangote Refinery, along with other major refineries, produces between six hundred and fifty to one thousand two hundred parts per million (PPM). Therefore, in terms of quality, their products are inferior to imported ones,” he said.

Follow us on social media
Leave A Reply

Your email address will not be published.

5K Store