web hit counter Dangote Refinery Deal May End Petrol Scarcity, Reduce Naira Pressure, Says NECA DG – See The Stars

Dangote Refinery Deal May End Petrol Scarcity, Reduce Naira Pressure, Says NECA DG

The Nigeria Employers’ Consultative Association (NECA) says the premium motor spirit (PMS) supply agreement between the federal government and Dangote Petroleum Refinery could reduce the pressure on foreign exchange (FX) demand. On Sunday, NNPC started lifting PMS, also known as petrol, at the Dangote refinery gantry after a protracted period of price negotiations. The development, …

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