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BIG WAHALA!😭WHAT A SET-BACK AS DANGOTE REFINERY HITS WALL WITH NNPCL DEAL… NO TO YOUR FUEL ❌ 

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EXCLUSIVE: NNPC quits as middleman in Dangote Refinery petrol purchase.
The Nigerian National Petroleum Company Limited (NNPC) is ending its exclusive purchase agreement with Dangote Refinery, opening up the market for other marketers to buy petrol directly from the refinery, PREMIUM TIMES can authoritatively report today.
This means NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery.
This development aligns with the current practices for fully deregulated products, where refineries can sell directly to marketers on a willing buyer, willing seller basis.
Earlier in September, Devakumar Edwin, vice president at Dangote Industries Limited, said the 650,000 barrels per day Dangote Refinery has begun the processing of petrol.
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8 окт 2024

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