Fuel price hike: Dangote’s evil monopoly destroying Nigeria – Adeyanju

Human rights activist, Deji Adeyanju, has accused businessman Aliko Dangote of hatching an evil program to monopolize Nigeria’s petroleum manufacture and destruct the country.

Adeyanju alleged that the Dangote Refinery raised the pump terms of substance by much than 100 percent, attributing the summation to the ongoing struggle successful Iran and heightened tensions successful the Gulf region.

In a connection titled ‘Sudden substance terms increment: Dangote evil monopoly destroying Nigeria’, Adeyanju questioned the justification for the hike, noting that the refinery sources its crude lipid locally wrong Nigeria.

He further pointed retired that the Federal Government had antecedently approved an statement allowing the Nigerian National Petroleum Company to merchantability crude lipid to the Dangote Refinery successful naira, a argumentation aimed astatine stabilizing proviso and insulating section pricing from overseas speech pressures.

According to Adeyanju, the refined petroleum products presently being distributed were processed earlier the caller escalation of hostilities successful the Gulf, raising concerns astir wherefore consumers should carnivore further costs linked to planetary developments that did not straight interaction existing stock.

The activistic besides expressed interest implicit what helium described arsenic the refinery’s near-monopoly presumption successful the downstream sector, arguing that constricted contention whitethorn beryllium contributing to unchecked pricing decisions....