By Blaise Udunze The vision was bold. The expectation was clear. And the promise was powerful. When the Dangote Refinery began operations, it was hailed as Nigeria’s long-awaited escape from decades of energy contradiction, which involves exporting crude oil while importing refined fuel at high costs. It was meant to guarantee supply, stabilize prices, conserve foreign exchange, and most importantly, deliver relief to ordinary Nigerians. What appears to be a distinct contradiction is that, despite months into its operation, a different reality is emerging, with fuel prices rising sharply. Inflationary…
Read MoreREFINING WITHOUT RELIEF: HOW GLOBAL OIL WARS, MARKET STRUCTURE, AND MONOPOLY RISKS STILL DRIVE FUEL PRICES IN NIGERIA
