Petrol Marketers May Sell In Dollars If Naira-For-Crude Deal Fails – IPMAN
Petrol Marketers May Sell In Dollars If Naira-For-Crude Deal Fails – IPMAN The National Publicity Secretary of the Independent Petroleum Marketers of Nigeria (IPMAN) Chinedu Ukadike has said that petrol marketers may be forced to retail petroleum products in dollars following the decision of the Dangote Petroleum Refinery to end the sale of petroleum products in Naira and sell in the dollar. This follows the expiration of the first phase of the Naira-for-Crude arrangement between the federal government and local refineries, including Dangote. In a telephone interview with Nairametrics, Ukadike said he was shocked by the announcement by the Dangote…
