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Source channel @devilsbelow · Post #634 · Mar 10

🔵Middle East War Is a Firework Show For Aliko Dangote🔵 🌐Nigeria has stopped issuing gasoline import licences for a second straight month, sealing the shift in government policy in favor of Aliko Dangote's oil refinery. 🔸NMDPRA (Nigeria’s downstream fuel regulator) issued no permits in February, and the Crude Oil Refineries Association of Nigeria says none have been issued so far in March, which means Nigeria is now relying nearly completely on its main domestic gasoline producer — Dangote oil refinery. 🔸 This is a political choice: the previous NMDPRA head who quit the job in December under Aliko Dangote's pressure argued licences kept competition and prevented market dominance. 📈Aliko Dangote seems to be incredibly lucky this year: besides favorable government policies, in Nigeria, he can single-handedly skim the cream off the increase in oil prices, while his other enterprises are already collecting windfall profits from fertilizer sales after the cessation of supplies from the Middle East. #News ✈️ Stay informed - @devilsbelow

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