Oil marketers in Nigeria have commenced negotiations with international suppliers to secure cheaper petroleum products.
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This is a strategic move to stay competitive, given the low prices already offered by the Dangote Refinery and the Nigerian National Petroleum Corporation Limited (NNPCL).
The price war between the two big players has resulted in multiple price cuts over the last few months, with the importers and oil marketers bearing the brunt as they cannot sell their imported stock……READ ORIGINAL & FULL CONTENT HERE
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