The Federal Government has officially granted petroleum marketers the authority to lift petrol directly from the Dangote refinery, circumventing the Nigerian National Petroleum Company Limited (NNPC). This significant development marks a pivotal shift in the nation’s petroleum distribution landscape, effectively ending NNPC’s monopoly as the sole off-taker of Dangote’s refined fuel. In a statement released […]

A statement on Friday by the Minister of Finance and Chairman of the Naira-crude sale implementation committee, Wale Edun, gave an update on the takeoff of crude purchase and product sales in naira transactions.

The most significant change under the new regime is that petroleum product marketers can now purchase petrol directly from local refineries, the government said.

The Nigerian government has announced that petroleum marketers can now purchase Premium Motor Spirit(Petrol) directly from Dangote Refinery. The Minister

The Nigerian government has initiated a new agreement with marketers on direct purchases of petroleum products from Dangote and other local refineries.

Senate President Godswill Akpabio has expressed hope that there won't be any further increment in the pump price of fuel. Akpabio explained that the