Post by Engr. Olusola Adedayo (@Moschino)

Monopoly fears rise as Dangote controls N14.4 trillion petrol market in Nigeria πŸ‡³πŸ‡¬

Monopoly fears rise as Dangote controls N14.4 trillion petrol market in Nigeria πŸ‡³πŸ‡¬

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Dada Ogbegun: When the government refineries are draining pipes and not working. What do we expect?.
Eneojo Sani: At least there exists a monopoly that breeds competition on the long run
Peter Benjamin-Black: Nigeria spent billions importing petrol for years, so the World Bank’s warning feels a bit unfair. Local refining through Dangote helps reduce that burden. Still, with Nigeria’s large population, relying on one refinery isn’t ideal. The real issue is poor maintenance, corruption, outdated equipment,...