Don’t expect Dangote Refinery to sell petrol below cost price – Economist

Don’t expect Dangote Refinery to sell petrol below cost price – Economist …C0NTINUE READING HERE >>>

The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said that it would be suicidal for Dangote Refinery to sell petrol below its production cost.

Rewane made this statement on Channels Television’s Business Morning segment of Sunrise Daily breakfast programme on Tuesday.

According to him, Dangote Refinery or any other refinery apart from government-owned refineries is in business to produce at a profit.

He added that they would produce at a price point…

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