House of Reps rejected a proposal which was to suspend Dangote Refinery’s license as the sole importer of gasoline.
The move to suspend the license purportedly granted to Dangote Refinery as the exclusive importer of Petroleum Motor Spirit (PMS), also known as petrol, was rejected by the House of Representatives.
YOU MAY ALSO LIKE: Bola Tinubu Meets With Ex-CBN Governor Sanusi
A federal member (Gali Tijjani) had urged for the license to be suspended pending a review to accommodate all gasoline merchants.
The House of Representatives, on the other hand, voted against the proposal, as revealed in a video posted on Channels Television’s Twitter account.
Meanwhile, the Nigerian National Petroleum Company Limited (NNPCL) refuted on Tuesday that it had already granted the Dangote refinery owner, Alhaji Aliko Dangote, a license to import petrol pending the completion of his refinery.
NNPCL indicated that it does not have the authority to give a license or authorization for gasoline import.
According to a report published in a national newspaper, the imported petroleum would be unloaded at the Dangote barge and pumped into tanks before being sold to marketers at a market-determined price while work at the refinery continued.
However, in response to the report, NNPCL spokesperson Onyi Sunday purportedly described it as inaccurate and stated that the firm was not a regulatory entity.
The report is deceptive. Because we are not a regulatory organization, we do not grant licenses or permits, Sunday remarked, according to the Nigerian Tribune.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) bears responsibility, not the NNPC. They should be double-checked. NNPCL owns only a 20 percent share in the refinery.
On May 22, the immediate past president, Muhammadu Buhari, commissioned the Dangote Oil Refinery to begin operations immediately.
Dangote then stated that his first goal is to increase output of the various products so that his giant oil refinery can fully meet the nation’s need for quality products by the end of this year.
Dangote funded the $19 billion facility, which is the world’s largest single-train refinery in the Lagos neighborhood of Ibeju-Lekki, with NNPCL owning a 20% stake.
YOU MAY ALSO LIKE: Tornado Hits Texas, Kills Three And Many Injured
The project will produce gasoline, diesel (AGO), aviation jet fuel, Dual-Purpose Kerosene (DPK), and other refined products.
The 650,000 barrels per day refinery is projected to help Nigeria attain self-sufficiency in refined goods and even export surpluses.
