Mr Dangote said a structured offtake agreement has been concluded with selected marketers to ensure nationwide distribution and eliminate supply instability.
Aradel Holdings and Wema Bank have replaced Conoil and Julius Berger in the NGX 30 Index.
“Dr Adenuga, Nigeria is grateful for your immense contributions to our country’s progress and prosperity,” he said.
NNPC’s retail outlets sell at N617 per litre, while the independent marketers sell between N660 and N900 per litre.
They appealed to the federal government to resolve whatever the issues were.
“This is injustice. How can there be a price difference of over N100 per litre in the same city? Look at the long queues of vehicles struggling to buy fuel at N220.”
Ahmed Farouk, chief executive of NMDPRA, led the staff of the agency on a stock monitoring exercise within depots in Lagos.
It is laughable whenever Africa’s richest lists accord low figures to Dr Mike Adenuga Jr., a business mogul who’s practically the wealthiest and most cash-liquid man in Africa.
The All-Share Index (ASI) declined by 38.22 points or 0.07 per cent to close at 57,791 against 51,829 the same day.
The gain was a result of buying interests in stocks such as MTN Nigeria, First Bank of Nigeria Holdings (FBNH), Conoil, amongst others.
