Summary
The Lagos Chamber of Commerce and Industry said it would be of great benefit for the Port Harcourt refineries to commence operations alongside production from Dangote Refinery.
The LCCI made this public on Wednesday in a press statement signed by its Director General, Dr. Chinyere Almona.
“However, completely removing it and subjecting Nigerians to a significant fuel price hike presents significant challenges.
“A steep price hike would likely trigger widespread price increases, potentially reversing the recent easing in inflation seen in July and leading to another surge in inflation rates.
The operation of the Dangote Refinery, which now produces fuel and diesel for sale, offers a glimmer of hope.