Nigeria my country!
first it was cement, the price was very low even during
excessive importation, then we thought producing it only locally will reduce its price and will benefit us economically, currently its sold at higher price than in countries where we export to and also reason for poor infrastructure.
Now we are about to experience same in fuel, we are welcoming a great refinery, rather than a positive change in the economy, we are expecting a very bogus increase in its price and consequently, a deadly blow in our economy.
Nigeria knows their problem but not ready to tackle it.

So what is your standpoint?.. we shouldn't encourage local production or what?

Local industries and manufacturing activities will keep the youths, graduates gainfully employed and useful to themselves, their families and the society. There will be self-sufficiency and you won't need to put excess pressure on FX for imports cos you'll have what you need produced locally.

I think the blame should go to Obasanjo and Atiku for failing to utilize the billions of dollars budgeted to fix power judiciously, the manufactirers will tell you they incur extra cost on diesel to power their generators that run 24/7.
Check the countries where those cheap imported products are coming from, you'd notice they have steady power supply.

Those who stole monies meant to fix power in Nigeria put us in the mess we are in today.. that is the simple truth.

our system of local production in this country isn't helping to reduce price or benefit the economy. The system need to be changed, encourage many local producers and eradicate monopolies.

It's beginning to take shape