Inside Nigeria

NPA Begins Coordination of Crude Oil Sale to Dangote Refinery

The Nigerian Ports Authority, NPA, Thursday, announced that it has set all machinery in motion as part of its efforts to implement its side of the federal government’s directive to the Nigerian National Petroleum Corporation Limited, NNPCL, to sell crude to Dangote Refinery in Naira.

In a press statement, the authority said it has set up a one-stop-shop that will coordinate service provision from all regulatory, and security agencies, and other stakeholders.

Managing director of the authority, Mr. Abubakar Dantsoho, let the cat out of the bag after chairing the inter-agency stakeholders meeting on the one-stop-shop (OSS) at the NPA headquarters in Lagos.

This, he said, was in line with the directive of the federal government for the OSS to be located in the NPA.

“We are poised to collaborate and provide the efficiencies necessary to deliver on this national imperative of ensuring the availability of premium motor spirit (PMS) and other petroleum products,” Dantsoho said.

“We are also setting up a one-stop-shop that will coordinate service provision from all regulatory, and security agencies, and other stakeholders to ensure a smooth implementation of this initiative.”

The OSS team is comprised of representatives from NPA, Nigerian Navy, Nigerian National Petroleum Company (NNPC) Limited, Dangote Group, Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), Nigerian Maritime Administration and Safety Agency (NIMASA), and Nigeria Drug Law Enforcement Agency (NDLEA).

Maureen Ogbonna, an official at the NPA marine and operations directorate, serves as the committee’s focal person.

It would be recalled that the Federal Executive Council, FEC, had, on July 29, 2024, approved President Bola Tinubu’s proposal directing the NNPC Limited to sell crude oil to Dangote Petroleum Refinery and other refineries in naira starting from October 1, 2024.

 

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