Marketers to NNPC: Fast-track Chinese Refinery deal to slash petrol prices

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has blamed the prolonged delay in concluding a technical equity partnership between the Nigerian National Petroleum Company Limited (NNPC) Limited and two Chinese firms for denying Nigerians the benefits of lower petrol prices and improved fuel supply.
The association said the slow pace of the proposed partnership involving Sanjiang Chemical Company Limited and Xinganchen (Fuzhou) Industrial Park Operation and Management Company Limited has stalled efforts to revive and expand operations at the Warri and Port Harcourt refineries, leaving consumers to continue bearing the burden of high fuel costs.
Speaking with journa...