The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has highlighted that the price of petrol from the old Port Harcourt Refinery, which recently resumed production, is ₦75 per litre higher than that sold by the Dangote Refinery.
PETROAN's National Public Relations Officer, Dr. Joseph Obele, mentioned that while the restoration of the Port Harcourt Refinery is a positive step towards reducing Nigeria's reliance on imported petroleum products, the pricing disparity needs to be addressed to alleviate the burden on both marketers and consumers...
πππ Government Magic...Dem no wan make person drink water drop cup...
ReplyDeleteSo our problem is not the fact that we refine our crude oil overseas.
ReplyDeleteIt is to be expected. Quantity is a quality on its own. By sheer volume, Dangote refinery is uniquely positioned to produce at a cheaper rate. Port Harcourt refinery is an old refinery. Not everything can be replaced. A good number of critical machinery it has are quire dated. Dangote has more modern equipment plus one of the largest CCUs in the world, his cost of production is cheaper than even some refineries in Europe. All things considered, it will be hard to beat Dangotes pricing.
ReplyDeleteNa we dey kukuma do ourselves . No mercy for the poorπ
ReplyDeleteWicked souls
ReplyDeleteFrom fry pan to fire.. Joke on us thinking, fuel will ever be cheaper again
ReplyDeleteGovernment magic. Continue to rest in peace,Fela Anikulapo Kuti.ππΏππΏππΏ. Since you left,the magicians are still active. πππ
ReplyDeleteReally
ReplyDeleteWhat's is benefit of this Port Harcourt refinery