The Nigerian Midstream and Downstream Petroleum Regulatory
Authority (NMDPRA) says the Dangote refinery is expected to supply 25 million
litres of petrol daily this month.
Speaking in a social media post on Tuesday, the authority
said The Nigerian National Petroleum Company (NNPC) Limited has agreed to supply crude oil to the refinery in
naira.
“At the NMDPRA headquarters in Abuja, NNPCL reach an
agreement to commence crude oil sale and supply to Dangote Refinery in local
currency,” the authority said.
“The refinery is now poised to supply an initial 25 million
litres of PMS into the domestic market this September. And will subsequently
increase this amount to 30 million liters daily from October 2024.”
The Dangote refinery officially began petrol production on
September 3.
This is comes months after its initial announcement to begin
production of the commodity, also known as premium motor spirits (PMS).
On May 18, Aliko Dangote, chairman of Dangote Industries
Limited (DIL), had said the refinery would begin to produce petrol from June,
adding that Nigeria would not have to import the product again.
However, in June, the business mogul said due to a minor
delay, the refinery would commence petrol supply in July.
Still, production did kick off in July as planned, as
Dangote refinery announced a shift to
August.
On August 14, reports had claimed that the delivery date of
the petrol supply had been postponed, but Anthony Chiejina, chief branding and
communications officer of Dangote Group, denied the reports.
On July 29, the federal executive council (FEC) had approved
a proposal by President Bola Tinubu directing the NNPC to sell crude oil to
Dangote refinery and other refineries in naira.
The development followed several disputes between the refinery,
the NNPCL, NMDPRA and the Nigerian Upstream Petroleum Regulatory Commission
(NUPRC).
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