Tag: Dangote Refineries
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Dangote Refineries still embittered over Naira – Crude oil initiative
The Federal Government’s initiative to sell crude priced in naira is losing steam, the vice-president of Dangote Industries Limited, Edwin Devakumar, said in an interview with Reuters on Friday. Recall early last month, Nigeria officially commenced the sales of crude oil and refined petroleum products in naira, with Dangote refinery focusing on local supply. The…
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Once we begin production, NNPC will become sole buyer – Dangote Refineries
Devakumar Edwin, the Vice President of Dangote Industries Limited, has announced that the Nigerian National Petroleum Commission (NNPC) will become the sole buyer of products from Dangote Refinery as it begins production. According to Edwin, the NNPC is prepared to purchase all refinery outputs to meet the nation’s local demand for petroleum products.