Zimbabwe: Concern Over Arrival of Dangote's Petrol

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Chairman of the Dangote Group: Aliko Dangote has said that Premium Motor Spirit popularly referred to as petrol from his refinery would hit the market in the third week of July. While this is cause for celebration, marketers across the country have expressed concern about the influence this could have on the market.

They, unlike most of the general public, believe that Dangote's Petrol would be more expensive than people currently hope.

Given that this is the first time a private enterprise would be selling petrol to Nigerians, it is generally believed that the Dangote product would influence the market to begin offering competitive prices. However, according to a report by the Punch newspaper, this has become unlikely.

 

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