FG confirms NNPC will start loading petrol from Dangote refinery on Sunday

Abdullateef Fowewe

The Federal Government has announced the first batch of petrol from the Dangote Refinery will be dispatched on Sunday, September 15.

This was revealed in a video by a member of the committee and Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji.

Adedeji said, “I’m glad to announce that all agreements have been put in place and the loading of the first batch of PMS as already announced by NNPC will commence on Sunday 15th September, 2024 and from 1st of October NNPC will commence the supply of crude oil to Dangote refineries to be paid for in Naira.

“In return, Dangote Refinery will supply PMS and diesel of equivalent value to domestic market to be paid for in Naira.

“Diesel will be sold in Naira by Dangote Refinery to any interested off-taker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now. All associated regulatory costs, NPA, NIMASA, Federal Inland Revenue and all other regulatory fees that are associated with this transaction will also be paid in Naira.”