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The Nigerian National Petroleum Company Limited (NNPCL) said it has stopped importing refined petroleum products and is now off-taking fuel from the Dangote Petroleum Refinery and other local refineries.
NNPC’s Group Chief Executive Officer, Mele Kyari, disclosed this on Monday at the ongoing conference of the Nigerian Association of Petroleum Explorationists, which was held in Lagos.
This is coming at a time when some petroleum marketers insisted that they would import petroleum products and sell at a price lesser than that of the dangote refinery.
Recall in August, 2024, President Bola Tinubu said the country spent an average of N2tn on fuel importation monthly despite Nigeria being an oil-producing country.
