A recent document reveals that the refinery has failed to fulfill the supply requirement, adding to the controversy surrounding the delivery of gasoline from Dangote Refinery to the Nigerian National Petroleum Company Limited (NNPCL). Between September 15 and October 20, the NNPCL sought 1.065 billion liters, but Dangote Refinery only provided 317 million liters. However, other marketers are now permitted to buy directly from the refinery, which produces 650,000 liters per day, after the Federal Government implemented the policy of selling crude in naira to local refineries.
This move aims to increase competition and ensure a more efficient distribution of petroleum in the country. Despite the controversy, the hope is that this new policy will ultimately lead to improved supply and reduced reliance on imports.
The NNPCL stated at the petrol rollout that it purchased the product from the plant for N898 per litre. The facility produced 214 million liters in September, or 32% of the total amount anticipated, and 103 million liters, or 26% of the 1.065 billion liters produced. In defiance of the organization, Dangote Refinery withheld the quantity of the commodity it sold. In their revised template this month, the NNPCL claimed to have purchased the product from the facility for N977, a claim that was also contested.
Dangote prayed the Federal High Court in Abuja for an order voiding all licenses recently issued for the importation of petroleum products. The plaintiff contends that the licenses issued to NNPCL and others violated the Petroleum Industry Act (PIA). Dangote stated that its investments risk being jeopardized unless the court intervenes and declares that NMDPRA violates its statutory responsibilities under the PIA for not encouraging local refineries but issuing licenses for the importation of petroleum products.