Reps to probe alleged IOC plot against Dangote Refinery

The House of Representatives on Thursday said it will investigate claims that International Oil Companies (IOCs) are attempting to undermine the operations of the Dangote refinery. The decision of the House followed a matter of urgent national importance raised by Minority Leader, Kingsley Chinda, who expressed concern over potential manipulation of local crude oil prices. The manipulation, he argued, could prevent the Dangote refinery from purchasing crude locally, thus inflating the cost of refined products. The lawmakers also plan to scrutinise the actual percentage of the Federal Government’s shares in the Dangote refinery. Chinda pointed out that Dangote stated Nigeria The post Reps to probe alleged IOC plot against Dangote Refinery appeared first on The Guardian Nigeria News – Nigeria and World News.