“The bill is on its final journey into the Senate and the House of Representatives chambers for consideration.”
“They (the federal government) want to increase VAT, people shout. They want to charge the right pricing on petrol products, and some people say no,” Mr Dangote said.
“Dangote model will likely be the one most emulated until its beggar-thy-countrymen contradictions become more apparent.”
The group proposed that only companies with refinery licences should be allowed to import refined products during fuel scarcity or facility maintenance.
The speaker admitted that it was disappointing and difficult to explain how successive governments failed to deliver on the PIB.
