The Nigerian National Petroleum Company Limited (NNPCL) has been blamed for the crude oil supply issues faced by Dangote Refinery, as well as broader economic challenges in Nigeria.
According to Kelvin Emmanuel, a Lagos-based economist, NNPCL has failed to fulfill its commitment to supply 300,000 barrels of crude oil per day to the refinery as part of its $1.7 billion equity contribution.
The Chairman of the Dangote Group, Aliko Dangote, has also indicated that certain cabals are frustrating the refinery’s full-scale operations.
Despite these challenges, Dangote Refinery has started receiving shipments of crude oil and has commenced production of diesel and aviation fuel.
Green tax will raise prices of goods, says NCIC
The Nigeria Climate Innovation Centre, a global network of the World Bank’s Community Innovation Centres and a member of the...
Read more