⚡ Break Story💰 Money Matters
🔰SergeantImport surge: Nigeria pays N1.9tr on petrol in May amid dip in oil prices
O
5 months ago
The government is celebrating Dangote Refinery's 44.7 million litres daily production, but Nigerians are still paying N1,362 per litre for petrol while crude oil has dropped to $77. If local production is supposedly covering 90% of our needs, why is the price not reflecting the global oil crash, and our supply buffer has shrunk from 33 days to just 16 days in five months?
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