The Group Chief Commercial Officer at Dangote Industries Limited, Rabiu Umar has said the Nigerian government neglected Dangote Refinery to export crude oil to Indonesia and import finished products from the same country.
Umar disclosed this in an interview with Channels Television
on Monday.
He stated this is coming despite the 650,000 barrels per day
Dangote refinery’s inability to get adequate crude oil supply in Nigeria.
“Whilst we are going to import cargoes abroad. Most of the cargo from Nigeria is sold to Indonesia. So the question is, does it make sense to take cargo from Nigeria to sell to Indonesia and then you are also importing the same finished product to Nigeria? It does not make sense to me”, he said.
He added, “We expect to see an improved supply of crude oil to
domestic refineries”.
He, however, reiterated that Dangote Refinery will commence
the domestic supply of fuel in August 2024.
The development comes amid the recent impasse between the
Dangote Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory
Authority over substandard products.
Recall that last week, Farouk Ahmed, the Chief Executive
Officer of NMDPRA stated that Dangote products were inferior.
Meanwhile, Rabiu clarified that Dangote Refinery products
are not substandard but rather among the best in the World.
Earlier, Aliko Dangote, the owner of Dangote Refinery had
also dismissed Ahmed’s statement that its products were inferior.
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Nigeria, the cabal will frustrate you until you give up, the corruption in the country is so high that a baby can practice it. when they are shouting Dangote, Dangote, now he has to settle, there are some cabals that needs cow before license will be given to Dangote, Tinubu is corrupt that was why he can not fight corruption, why must all this be happening under his watch, you removed subsidy I went to pay it at the backyard, why not intervene into this so that poor masses can benefit from the local refinery knowing fully well that it is cost less for the fact that crude is local, refinery is local. He will close his eyes so that they will be making money from importation of what you can produce locally. We need TECHNOCRAT not Politician to govern this country period.
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