Comments on: FG: CNG Initiative Has Attracted over $175m Private Investments in Energy Sector /2024/10/29/fg-cng-initiative-has-attracted-over-175m-private-investments-in-energy-sector/ Truth and Reason Tue, 29 Oct 2024 09:54:40 +0000 hourly 1 https://wordpress.org/?v=6.8.5 By: Omotoso Wasiu Abiola /2024/10/29/fg-cng-initiative-has-attracted-over-175m-private-investments-in-energy-sector/#comment-295047 Tue, 29 Oct 2024 09:54:40 +0000 /?p=1025927#comment-295047 The CEO midstream downstream petroleum products regulatory authorities is economical with fact that the daily PMS consumption in Nigeria is between fourty to fifyy million litres a day l beg to disagree the high price of the product had made many consumers to drastically reduced their consumption of the product in this era of high inflation and many more competing requirements the yuletide season had not bearing on consumption . The CEO should published his dats to substatiate his pronouncement. It is true smuggling of the product to neighbouring countries.

The CEO had made committed many blunders in the past the first one was Dangote refinery products are inferior to imported products the second one was the letter he wrote to the refinery to make payments payable by local refinery knowing fully well that the refinery is located in export free zone which had exempted the payment of such charges by the refinery. The payments would had made the products more expensive because such charges would had be passed to the consumers of the refinery products

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