The Nigerian government has announced that it will begin paying Dangote Refinery in Naira for petrol supply starting October 1st.
This decision was made after a meeting with the Implementation Committee on the Naira crude oil sale.
The government also disclosed that the Dangote Refinery and other local refiners in Nigeria will begin to buy crude oil from the Nigerian National Petroleum Company (NNPC) Limited on October 1, 2024.
The NNPC will supply approximately 385,000 barrels per day of crude oil to the Dangote Refinery, which will be paid for in Naira.
