"Since the price of crude is directly proportional to the refined product, we could not import petrol and sell at N145 anymore...
In the past marketers bring in about 60% while NNPC brings about 35 to 40 percent.
But by the month of October marketers completely stopped importing because there no more subsidy so we can’t sell for profit so we have to stop importing."
Read the story here -
https://lnkd.in/de_UWpJ
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