Taiwo Popoola
The Presidential Committee on the Sale of crude oil and Refined Product has announced the date for loading of petroleum products from Dangote Refinery.
A member of the committee and Chairman of the Federal Inland Revenue Service, FIRS, Zacch Adedeji, said loading of petrol from the refinery would commence on Sunday, September 15.
Adedeji disclosed this while addressing journalists in Abuja on Friday.
The FIRS Chairman said from October 1, the Nigerian National Petroleum Company Limited, NNPCL, will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.
He said: “I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday 15th September.”
The FIRS boss disclosed that Dangote Refinery will in return supply PMS and diesel of equivalent value to the domestic market to be paid in Naira.
He added: “From 1 October, NNPC will commence the supply of about 385kbpd of crude oil to the Dangote Refinery to be paid for in Naira.
“In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market to be paid in Naira.
“Diesel will be sold in Naira by the Dangote Refinery to any interested off-taker. PMS will only be sold to NNPCL, NNPCL will then sell to various marketers for now. All associated regulatory costs will also be paid for in Naira.”
Last week, founder of Dangote group, Aliko Dangote had said the refinery was ready to commence production of petrol.
