With more functional refineries, fuel prices will soon plummet – Expert

With more functional refineries, fuel prices will soon plummet – Expert

DAILY NIGERIAN

An Economic Expert, Dr Chijioke Ekechukwu says the coming on stream of more refineries in the country is expected to crash the prices of petroleum products.

Mr Ekechukwu, the Chief Executive Officer, Dignity Finance and Investment Ltd. said this on Tuesday in an interview with the News Agency of Nigeria in Abuja.

According to him, this is in view of the re-streaming of the Warri Refinery.

Ekechukwu, who was skeptical on speaking about the functionality of the Warri refinery due to recent controversy and criticism surrounding the workability of the Port Harcourt Refinery, however, observed that there would be free market economy…

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With more functional refineries, fuel prices will soon plummet – Expert

 

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