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

610
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

Ethiopia Inaugurates Africa’s Largest Hydroelectric Dam
NewsPolitics

Ethiopia Inaugurates Africa’s Largest Hydroelectric Dam

Ethiopia, a landlocked country located in the Horn of Africa region of...

Bola Tinubu’s Lawyer Intervened in FOIA Lawsuit, Asked U.S. Court to Block Release of Unredacted FBI, DEA-Held Drug Files
NewsPolitics

Bola Tinubu Intervenes in FOIA Lawsuit, Asks U.S. Court to Block FBI, DEA Release Of His Unredacted Records

Nigerian president Bola Tinubu has intervened via his lawyer, Oluwole O. Afolabi,...

NewsPolitics

Côte d’Ivoire: Ouattara Cleared For Fourth Term Bid As Top Opposition Rivals Blocked From 2025 Race

Côte d’Ivoire’s Constitutional Council has published the final list of candidates cleared...

NewsPolitics

Senegal’s President Faye Reshuffles Cabinet to Accelerate Reforms

President Bassirou Diomaye Faye has reshuffled his cabinet, appointing Ousmane Sonko as...