Abuja — Conoil Plc has launched a whopping N13 billion investment scheme on product acquisition, aimed primarily at flooding the country with Automotive Gas Oil (diesel) with a long-term strategy of making the product affordable for the users.
According to investigation, the investment is made up of about N12 billion on the acquisition of diesel while the remaining N1 billion is being expended on the construction of new product storage tanks and the upgrade of existing facilities.
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