Economy

Oil: We’ve supplied Dangote 30m barrels for Sept, Oct — NNPCL

The Nigerian National Petroleum Company Limited, NNPCL, says it has supplied Dangote refinery 30 million barrels of crude oil so far.

NNPCL said it will still supply the refinery a total of 17.6 million barrels of crude oil between September and October.

The Executive Vice President of NNPCL, Downstream, Adedapo Segun, disclosed this on Thursday morning in an interview on Arise Television.

According to him, 6.3 million will be supplied to Dangote Refinery this month, and 11.3 million next month, adding that the supplies to Dangote are part of the Federal Government’s strategy to sell crude oil to local refineries.

“We will be providing 6.3 million barrels of crude oil to Dangote refinery in seven cargoes.

“And in October, we will be providing another 11.3 million barrels of crude oil to Dangote refinery in 13 cargoes.

“So we are doing everything we can to make sure this situation abates as soon as possible,” he said.

We recall that the Federal Executive Council, FEC, last month, approved the sale of crude oil to the Dangote refinery and other refineries in the country in Naira to mitigate the effect of FX liquidity on supply.

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Raufu Musliyu

Raufu Musliyu is the Editor-in-Chief of News Flash Media Service. He is a PhD Student of Al-Hikmah University, Ilorin in the field of Mass Communication. Musliyu holds Masters of Science (M.Sc) Degree in Mass Communication majoring in Public Relations/Advertising. He also holds Bachelor of Science (B.Sc) and Higher National Diploma (HND) in Mass Communication. The Editor-in-Chief also bagged Post-Graduate Diploma (PGD) in Public Relations. He is an Associate of Nigeria Institute of Public Relations (NIPR) and Advertising Regulatory Council of Nigeria (ARCON). Musliyu is the Head of Corporate of Affairs & Administration of Abdulrauf Jimoh & Co.

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