Why Dangote Refinery’s Operations Won’t Reduce Fuel Price – Pinnacle Oil CEO

‘What Naira devaluation got to do with this,’ Robert Dickerman bares it all at NAEC Annual International Conference While Nigerians anticipate reduction in the price of fuel to relieve hardship, Robert Dickerman, Chief Executive Officer of Pinnacle Oil and Gas Limited has said Dangote’s oil production will not massively lower the price. According to Dickerman, the root cause of fuel hike in Nigeria is the devaluation of naira in the global market. He spoke during the Association of Energy Correspondents of Nigeria (NAEC) annual strategic international conference in Lagos. READ…

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