
Dangote Stops Petrol Sale In Naira, Gives Condition For Resumption
Nigerians may face a rise in the prices of premium energy products, including diesel and petrol, as the Dangote Petroleum Refinery temporarily suspends the sale of petroleum products in Naira. “This decision is necessary to avoid a mismatch between our sales proceeds and crude oil purchase obligations, which are currently denominated in US dollars,” the…