2 months ago
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Dangote Refinery has said that there is no fresh case against the Nigerian National Petroleum Company Limited and other petroleum marketers over the import of Premium Motor Spirit (petrol).
The spokesperson of Dangote Dangote Group, Anthony Chiejina, disclosed this in a statement on Monday.
His statement served as a clarification of the report making the round that Dangote Refinery had dragged NNPCL and petroleum marketers to the Federal High Court to void the latter’s fuel import licences.
Reacting, the Dangote Group spokesperson said that the matter has been overtaken by events.
“This is an old issue that started in June and culminated in a matter being filed on September 6, 2024.
“Currently, the parties are in discussion since President Bola Tinubu’s directive on crude oil and refined products sales in naira initiative, which was approved by the Federal Executive Council, FEC.
“We have made tremendous progress in that regard and events have overtaken this development.
“No party has been served with court processes and there is no intention of doing so. We have agreed to put a halt to the proceedings.
“It is important to stress that no orders have been made and there are no adverse effects on any party. We understand that once the matter comes up in January 2025, we would be in a position to formally withdraw the matter in court,” he stated.
This comes as a report emerged on Monday that the Dangote Refinery dragged NNPCL and petroleum marketers to court over petrol imports.
DAILY POST recalls that upon NNPCL’s lifting of Dangote Petrol, the price of the product was increased across filling stations.
Similarly, on October 9, 2024, NNPCL and other petroleum marketers announced another petrol pump price hike to between N1030 and N1200 per litre nationwide.
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