Strong indications emerged this morning that Dangote refinery may export its refined products leaving the local market because of NNPC refusal to buy Dangote products.
Speaking today in a television programme Brekete, Devakumar Edwin, the vice president of Oil and Gas at Dangote Industries limited said his organization would be forced to export its products if NNPC and other petroleum dealers refused to patronize them.
Said Edwin : ‘There has been a kind of a blockade from lifting our products within the country. The traders have been trying to blockade, and so now we have been exporting our petroleum products. We are ready to pump in PMS as much as possible in the country.
But if the traders or NNPC are not buying the product, obviously we will end up exporting the PMS as we are doing with the aviation jet and diesel.’
Edwin disclosed that some Nigerians were hell bent in frustrating the genuine efforts of Dangote group to end fuel scarcity in the country.
The Pond News understands that NNPC was dictating to Dangote group the price to buy its products which runs against the elementary principles of economics where the seller decides the price of the product or services.
