Dangote reveals NNPC personnel own blending plants abroad

• Chairman of the Dangote Group, Aliko Dangote, has disclosed that many NNPC personnel receive blending vegetation in a single more nation
• The Nigerian billionaire said that the manager permits the importation of execrable merchandise into the nation
• Dangote’s statements receive sparked debate amongst Nigerians, the huge majority of whom give a boost to the billionaire in their quest to total petrol imports in Nigeria

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.

The Chairman of the Dangote Group, Aliko Dangote, has criticized the Nigerian executive for allowing the importation of dirty gas into Nigeria.

Dangote said the importation of dirty gas undermines the usual and cost steadiness of gas in the nation.

Dangote raises grime on NNPC personnel

The Nigerian billionaire accused some NNPC personnel and oil merchants of proudly owning blending vegetation in Malta, where they allegedly import execrable merchandise with mistaken import certificates,

Dangote’s feedback receive sparked debates amongst Nigerians, with some supporting his stance and others criticizing his alleged monopolistic dispositions.

In step with reviews, the Nigerian executive has met with Dangote and other key stakeholders to address and rep to the backside of the ongoing row surrounding the Dangote Refinery.

NMDPRA accuses Dangote of execrable merchandise

Recall that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said that fuels from the Dangote and other refineries in Nigeria are of execrable quality.

The NMDPRA said that Dangote diesel has high sulphur allege, which is a statement that Dangote Refinery management denied.

Stories declare the company additionally disclosed that the refinery operates without a license for 650,000 barrels per day and is restful at its pre-commissioning stage.

Alternatively, Dangote Refinery said the statement by the NMDPRA’s chief govt officer, Farouk Ahmed, contains falsehoods and is intended to tarnish the corporate’s portray.

Dangote challenges NNPC to buy him out

On Sunday, July 21, 2024, Dangote called out the Nigeria National Petroleum Company Restricted (NNPC) and asked the national oil company to buy him out of his $20 billion refinery and bustle it if they could well.

Most Nigerians receive rallied in the support of the billionaire, leading to the Nigerian executive calling for a truce between him and the manager companies.

Vitality protection analyst and chief of Platforms Africa, Adeola Yusuf, said the ongoing row between Dangote and regulatory companies will ship a imperfect signal to merchants,

He disclosed that the billionaire is combating against entrenched entities and oil cartels who receive held the Nigerian economy to ransom for decades.

“We’re seeing now that every body these entities which receive held the nation on the jugular are combating laborious to quit the Dangote Refinery from coming into fruition.

“They know the Refinery can discontinue petrol import in Nigeria, hence their fight against Dangote.”

Dangote Affords to Promote Refinery

Legit.ng earlier reported that Aliko Dangote has said he is animated to relinquish ownership of the realm’s supreme refinery to the Nigeria National Petroleum Company Restricted (NNPC).

The Nigerian billionaire spoke amid a brand recent dispute over the sulphur allege of petroleum merchandise produced from the refinery and a reported misunderstanding with NNPC, one in all the refinery’s key equity companions, and the Nigeria Midstream Downstream Regulatory Authority (NMDPRA).

The refinery, which became commissioned by used President Muhammadu Buhari, is estimated to receive cost about $20 billion.

Proofread by Kola Muhammed, journalist and copyeditor at Legit.ng

Source: Legit.ng