Dangote Refinery has dismissed claims that it exports refined petroleum products to neighbouring countries only for the same products to be re-imported into Nigeria.
The refinery made the clarification in a statement posted on its official social media account on Wednesday.
The response follows reports alleging that the $20 billion refinery gives priority to export markets over domestic fuel supply.
However, the company maintained that the Nigerian market remains its primary focus.
According to the refinery, it would be economically illogical to incur additional shipping, storage, financing and handling costs to send products abroad and then bring them back to compete in its large...
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No commercial sense to export, re-import fuel to Nigeria — Dangote Refinery
Source: Daily Post
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