Not Dangote: OPEC Explains Why Fuel Price is High in Nigeria, Others

Not Dangote: OPEC Explains Why Fuel Price is High in Nigeria, Others …C0NTINUE READING HERE >>>

Rather than oil prices, OPEC has said that major oil-consuming nations’ taxes mostly dictate fuel costsThe organisation said that the cost of crude oil, the expenses associated with refining and others are what affect costsOPEC further explained that countries that produce oil often reinvest the proceeds from oil sales back into the oil sector

Henzodaily.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

Haitham Al Ghais, the…

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