The Centre for the Promotion of Private Enterprise (CPPE) says some powerful forces are working to maintain the status quo of petroleum product importation in Nigeria.
The Centre for the Promotion of Private Enterprise says some powerful forces are bent on preserving fuel importation in Nigeria.
“There are powerful forces bent on preserving the status quo and by the status quo, I mean the continued importation of petroleum products,” Yusuf said.“Apparently, a number of people are benefiting from that and such people are not really excited about this domestic production, which is the way to go.”
“I’m really worried about the dramatisation of the price, the cost that NNPC is buying from Dangote,” he said.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CPPE to FCCPC: Avoid price control, it is detrimental to investorsCPPE has advised the Federal Competition and Consumer Protection Commission (FCCPC) to avoid controlling the prices of goods.
Read more »
CPPE demands urgent action on volatile Customs FX rateCentre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to urgently address the prohibitive and unpredictable exchange rate used for cargo clearance, which, it argued, exacerbates the cost-of-living crisis and undermines economic stability.
Read more »
Minister Pate, don’t burn bridges after crossing them, By Osmund AgboPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
PDP on self-destructive path?, By Zainab Suleiman OkinoPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
Xiaomi unveils latest innovations: Redmi 14C, Redmi Pad SE 8.7, and Redmi Buds 6 seriesPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »
#JusticeForChristianah: Amnesty International reacts to Nigerian govt.’s handling of femicide casesPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Read more »