- NNPC Limited has confirmed that it has ended the importation of petrol and now patronises Dangote Petroleum Refinery
- Mele Kyari believes that the shift away from imports will help reduce the pressure the naira faces on the forex exchange markets
- Aliko Dangote has always stressed that his $20 billion refinery can meet the petrol needs of Nigerians and that there is no need to import
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Nigerian National Petroleum Company (NNPC) Limited has announced that it has stopped importing refined petroleum products.
Mele Kyari, NNPC’s group chief executive officer, who disclosed this while speaking at the Nigerian Association of Petroleum Explorationists’ (NAPE) conference in Lagos, said that the company now source its fuel needs from the Dangote Petroleum Refinery and other domestic refineries.