The management of Dangote Refinery has reacted to a report claiming it’s approached court to stop the Nigerian National Petroleum Company Limited (NNPCL) and others from continuing fuel importation.
Dangote Refinery, in a statement signed by the Group Chief branding and Communication Officer of Dangote Industries Limited, Anthony Chiejina, on Monday, debunked the report, saying it “is an old issue that started in June and culminated in a matter being filed in September 6, 2024.”
It explained that since President Bola Ahmed Tinubu’s directive for crude oil for Naira initiative, events have overtaken the development.
“Currently, the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by the Federal Executive Council (FEC).
“We have made tremendous progress in that regard and events have overtaken this development,” the statement said.
Continuing, the Dangote Refinery clarified that it neither served any party with the court process nor intended to do so. It, however, expressed readiness to withdraw the case when it comes up in January, 2024.
“We have agreed to put a halt to the proceedings.
“It is important to stress that no orders have been made and there are no adverse effects on any party. We understand that once the matter comes up January 2025, we would be in a position to formally withdraw the matter in court.”
READ ALSO FROM NIGERIAN TRIBUNE
"We, however, call on all the delegates to the summit to attend with an open…
The Ministry also acknowledged receipt of the official notification regarding the selection of the Acting…
"Mentorship is crucial. It offers our boys the guidance, counsel, and encouragement they need to…
But while Nigeria has the potential to becoming a major aviation hub in Africa, the…
"The operation followed actionable intelligence regarding the movement of suspected kidnappers responsible for the abduction…
The Social Democratic Party (SDP) South East Leaders' Forum, has rejected the purported appointment of…
This website uses cookies.