To ensure the full implementation of President Bola Ahmed Tinubu’s directive for the Nigerian National Petroleum Company Limited (NNPCL) to sell crude oil to the Dangote Refinery and other local refineries in naira, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, yesterday met with relevant stakeholders for the actualization of the policy objective of the federal government.
This comes as the presidential candidate of the African Democratic Congress (ADC) in the 2023 general elections, Dumebi Kachikwu, yesterday said there was no sabotage against the Dangote Refinery but rather, the President of the Dangote Group, Aliko Dangote, only stepped into an industry where there are bigger players, different from Nigeria’s food and cement sectors, where he had dominance.
Although details of the meeting were not available, a statement by the Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, stated: “This initiative aims at strengthening the domestic economy as well as supporting the sustainable operations of local refineries, including the Dangote Refinery.”
