Dangote to NNPC Restricted, others: Our gas enough, cease importation

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The President of Dangote Group Alhaji Aliko Dangote Tuesday urged the Nigerian Nationwide Petroleum Firm (NNPC) Restricted and different petroleum entrepreneurs to cease importation of gas and utilse the enough inventory on the Dangote Refinery.

Addressing State Home correspondents after a gathering with President Bola Ahmed Tinubu and different stakeholders within the oil and gasoline sector, Dangote mentioned his refinery has sufficient gas to fulfill native consumption.

He mentioned the Dangote Refinery at present has over 500 million litres of petrol awaiting evacuation by consumers.

He mentioned the inventory can final the nation 12 days with zero importation, stressing that the Dangote Refinary can fulfill native demand for gas so long as the NNPC Restricted fulfills its obligation of promoting crude oil.

On why gas shortage persists, he mentioned the Dangote Refinery is just not concerned in retailing of merchandise.

“Properly, on the streets, one factor that you need to perceive is that we’re producers. I’ve a refinery. I’m not within the enterprise of retail. If I’m within the enterprise of retail then you definitely maintain me accountable.

“However what I’m saying is that the retailers ought to please come ahead and decide, in the event that they don’t come ahead and decide, what would you like me to do? That’s one thing that I can’t do.

“So, I’m anticipating both NNPC or the entrepreneurs to cease importing; they need to come and decide as a result of now we have what they want. And , as they transfer, I will probably be pumping.

“I don’t know whether or not you perceive what it takes to maintain half a billion liters inside our tank. It’s costing me cash every single day. If I can gather the naira, I can truly cost any individual 32% in curiosity. So proper now, that’s what I’m dropping.

“And you might be speaking about 500 million, , I imply, we don’t print cash. However the subject is that if they arrive and gather then you’ll not see any queues within the filling stations,” he mentioned.





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