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HomeInformationHow Dangote’s Fuel Monopoly Could Increase Petrol Prices – Joe Ajaero, NLC

How Dangote’s Fuel Monopoly Could Increase Petrol Prices – Joe Ajaero, NLC

By Opene Maryanne

June 5, 2023

217

DANGOTE’s fuel production monopoly and non-functioning refineries limit market competition. Without other players in the sector, petrol prices may reach N1,000/Litre by December.
The NLC stands united on strike action as it has issued strike directives to its members. Reports of division within the NLC are baseless. The NLC remains firm in its decision, and the strike is forthcoming.

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