There are indications that Dangote Refinery will not
commence the domestic supply of petrol as earlier scheduled in mid-August,
2024.
Recall that the President of Dangote Group, Aliko Dangote
had earlier announced 10-12 August 2024 as the proposed kickoff date for the
commencement of petrol supply.
Dangote Refinery had earlier shifted the petrol supply date
from July to August.
Although there is no official statement on the reason for
the delay, a source disclosed that this was not unconnected to the crude supply
crisis the 650,000 barrels per day refinery is battling.
“The commencement of fuel will come this August, however,
the crude supply crisis facing the company has made things difficult”, a source
disclosed anonymously.
This comes as Dangote Group and the Nigerian Upstream
Petroleum Regulatory Commission recently engaged in a war of words over 26
million barrels supply of Crude cargoes.
NUPRC in response to Dangote’s call for implementation of
Domestic Crude Obligation as enshrined by the Petroleum Industry Act, said it
had facilitated 26 million barrels of crude cargoes for Dangote Refinery from
January to June 2024.
However, Dangote Group denied receiving the 26 million
barrels.
This is as the company further reiterated its stance that
NUPRC and International Oil Companies in Nigeria are frustrating its
commencement of fuel production.
This comes despite President Bola Ahmed Tinubu’s
intervention directing the sale of crude oil to Dangote Refinery and other
local refineries in Naira.
Reacting to the development, the Centre for Promotion of
Private Enterprise, CPPE, in a statement by its Director, Muda Yusuf on Sunday
decried incidents of regulatory irritations and distractions inflicted on
Nigerian manufacturers.
CPPE appealed to regulatory agencies in Nigeria to exercise
more discretion in carrying out their responsibilities
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