FG, on Monday, granted permission for other companies to import petroleum products by approving six companies for fuel importation.
The Federal Government, FG on Monday, approved six new companies to engage in petroleum product importation.
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The Government, FG said it is part of its efforts to ease the removal of fuel subsidy.
The Managing Director of the Nigeria Mainstream and Downstream Petroleum Regulatory Authority NMDRA, Farouk Ahmed said this during a press briefing held at the Presidential Villa.
Ahmed stated that apart from the approved six, several companies applied for permit to import petroleum in due course.
Ahmed also debunked insinuation that the Nigerian National Petroleum Company Limited NNPCL, had given approval to Dangote Group to import petroleum, saying that the company has no powers to make such derogation.
The managing director went on to say that multiple companies had requested for gasoline importation permits, and that anyone may apply for importation to have access to the port because the authority is accessible to anyone who wants to import.
Six companies have said they want to import fuel in July, Ahmed said. Of course, the others may import in December, November, or at any time, but as of this morning, there were six who expressed an interest in bringing in fuel in July.
The beauty is that there are interests, which means they have access to foreign exchange in order to import.
Of course, we’ll brief you as we go along. Meanwhile, President Bola Tinubu has taken steps to prevent ship owners from withdrawing their boats in protest of what they perceive to be hefty back costs.
Zacchaeus Adedeji, Special Adviser to the President on Revenue, who led government officials in an interactive session with shipping stakeholders at the State House, warned that Nigeria cannot afford to have vessels move in and out of the country.
According to reports, at least two ship owners said they were keeping their vessels out of Nigeria after receiving a series of multimillion-dollar tax claims aiming to recoup unpaid fees from 2010 to 2019.
Adedeji, speaking to State House media after a meeting with stakeholders today, allayed anxieties in the oil and gas sector by outlining the out th agreement struck to avert vessel withdrawal so as not to interrupt the flow of products.
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The presidential adviser claimed that a technical group had been formed to address the issues at hand.
He stated that no vessel would be detained or arrested while the committee worked to resolve the overdue taxes.
