As Dangote Refinery Turns To Imports, NNPC Engages In Oil-for-loan Deals - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / As Dangote Refinery Turns To Imports, NNPC Engages In Oil-for-loan Deals (111 Views)
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| As Dangote Refinery Turns To Imports, NNPC Engages In Oil-for-loan Deals by JasmineJay5683(f): 10:40am On Sep 20, 2023 |
Devakumar Edwin, the Executive Director of Dangote Group, recently stated that the Nigerian National Petroleum Company Limited (NNPCL) had already committed its crude to other entities, making it impossible to meet Dangote's immediate needs. Edwin also disclosed that the Dangote Petroleum Refinery is currently importing crude oil, with the first cargo expected in two weeks. However, he assured that this importation is temporary and that the refinery will receive its crude supply from NNPCL starting in November. https://businesselitesafrica.com/2023/09/20/dangote-refinery-turns-to-imports-nnpcl-engages-in/
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| Re: As Dangote Refinery Turns To Imports, NNPC Engages In Oil-for-loan Deals by mariovito(m): 10:51am On Sep 20, 2023 |
Government magic 1 Like |
| Re: As Dangote Refinery Turns To Imports, NNPC Engages In Oil-for-loan Deals by slowice(m): 10:56am On Sep 20, 2023 |
What sort of a terrible witchcraft is going on in Nigeria? Are we all greedy mad that all we do is a sabotage national interest for personal interest? Our leaders are wicked. |
| Re: As Dangote Refinery Turns To Imports, NNPC Engages In Oil-for-loan Deals by pharmagba: 10:57am On Sep 20, 2023 |
Dangote thrives only on monopoly. The records are there. Any deals that involve NNPCL supplying to only dangote to the detriment of other local refinery in Nigeria is a No! No! Let FG approve modular refineries and regulate them. Let the market be opened from within to force down prices. Nigeria shall be great again |
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