Home Business Dangote Refinery Not Yet Licensed, Still At 45% Pre-Commission Stage – NMDPRA
BusinessPolitics

Dangote Refinery Not Yet Licensed, Still At 45% Pre-Commission Stage – NMDPRA

594
Dangote Refinery Not Yet Licensed, Still At 45% Pre-Commission Stage - Says NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said the Dangote Refinery is not yet licenced and is still at the 45 per cent pre-commissioning stage.

Speaking to the State House correspondents on Thursday, Farouk Ahmed, the Chief Executive Director of NMDPRA, said there were several concerns regarding petroleum products’ supply across the country.

There are a lot of concerns about the supply of petroleum products nationwide and the claims by some media houses that we were trying to scuttle Dangote refinery. That is not so,” he stated.

NMDPRA’s Ahmed further stated, “Dangote refinery is still in the pre-commissioning stage. It has not been licenced yet. We have not licenced them yet.”

“I  think they are at about 45 per cent completion. So we can not rely heavily on one refinery to feed the nation because Dangote is requesting that we suspend or stop all importation of petroleum products, especially automotive gas oil (AGO) or jet kero and direct all marketers to the refinery.”

He added, “This is not good for the nation in terms of energy security and also not good for markets because of monopoly.

So, currently, in terms of quality, the AGO quality in terms of Sulphur is the lowest as far as West Africa’s requirement of 50 ppm.”

NMDPRA’s disclosure came after the refinery Chairman and President, Aliko Dangote, alleged in a report that some International Oil Companies (IOCs) were manipulating petroleum product prices.

Despite subsequent contrary position by Gbenga Komolafe, the Chief Executive Officer of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), who on July 15, described the claim as “erroneous” as the Petroleum Industry Act (PIA) has provisions that guide willing buyer-willing seller transactions, Dangote maintained the IOCs need to comply with the PIA mandates.

Read more: Liberia’s House of Reps to Review Proposal to Amend Anti-Homosexuality Law

Cape Verde: Praia Court Puts Lawyer In Preventive Detention For Shooting Businessman

About The Author

Written by
Mayowa Durosinmi

M. Durosinmi is a West Africa Weekly investigative reporter covering Politics, Human Rights, Health, and Security in West Africa and the Sahel Region

Related Articles

France Repeats 2023 Lies Through State-Owned France24, Invokes Vienna Convention to Repatriate Spy Detained in Mali’s Coup Plot
PoliticsSecurity

France Revives 2023 Claims, Citing Vienna Convention To Secure Release Of French Spy In Mali Coup Plot

As the Sahel steadily moves away from imperial and neocolonial influence, France,...

U.S. Approves $346 Million Weapons Sale to Nigeria Amid Accusations of 'Playing Politics' and Deliberately Delaying Release of Tinubu’s Unredacted Drug Files
PoliticsSecurity

$346M U.S. Arms Deal with Nigeria Sparks Allegations of Tinubu Drug File Cover-Up

The U.S. State Department has approved a potential $346 million weapons sale...

PoliticsWorld

Mali Foils Coup Plot, Arrests French Spy and Top Generals

Mali’s military government says it has foiled a coup plot and arrested...

BusinessNews

Nigeria’s Non-Oil Exports to ECOWAS Hit 663 Million Metric Tonnes in Six Months

The Nigeria Export Promotion Council (NEPC) has revealed that Nigeria shipped 663...