Independent fuel dealers have begun the search for a sole supplier of oil products. There are over 800 independent oil marketers in the country, controlling about half of the market share. Independent dealers, on the other hand, have to get the products from various sources. Unless with financing, the dealers have to sell one product first so as to raise the money for the others. The journey to being an independent fuel dealer is fraught with challenges owing to the capital-intensive nature of the business, thus the thriving of multinationals.

Source: Standard Digital October 31, 2020 21:00 UTC