Dangote Refinery has said that it will be forced to export 95-97 percent of its Premium Motor Spirit (petrol) because of low patronage by marketers in Nigeria.
This is as the 650,000 barrels per day indigenous oil firm revealed that only 3 to 5 percent of petrol marketers are willing to buy its petrol.
Vice President, Oil and Gas at Dangote Industries Limited, Devakumar Edwin, said this on Wednesday during an X Space session organized by Nairametrics.
“I’m selling 2 to 3 percent to small traders who are willing to buy, while the rest 95 to 97 percent I’m forced to export,” he said while speaking about the quantity of the refinery’s products sold locally.
The comes as Sunday’s date for NNPCL to lift Dangote Refinery’s fuel approach without a visible plan..
