The management of Dangote Refinery has reacted to a report claiming it’s approached court to stop the Nigerian National Petroleum Company Limited (NNPCL) and others from continuing fuel importation.
Dangote Refinery, in a statement on Monday, debunked the report, saying it “is an old issue that started in June and culmunated in a matter being filed in September 6, 2024.”
It explained that since President Bola Ahmed Tinubu’s directive for crude oil for Naira initiative, events have overtaken the development.
“Currently, the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by the Federal Executive Council (FEC).
“We have made tremendous progress in that regard and events have overtaken this development,” the statement said.
Continuing, the Dangote Refinery clarified that it neither served any party with court process nor nursed the intention to do so. It, however, expressed readiness to withdraw the case when it comes up in January, 2024.
“We have agreed to put a halt to the proceedings.
“It is important to stress that no orders have been made and there are no adverse effects on any party. We understand that once the matter comes up January 2025, we would be in a position to formally withdraw the matter in court.”
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