Dangote to NNPC Restricted, others: Our gas adequate, 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 adequate 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 stated his refinery has sufficient gas to fulfill native consumption.

He stated the Dangote Refinery presently has over 500 million litres of petrol awaiting evacuation by consumers.

He stated 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 stated the Dangote Refinery isn’t concerned in retailing of merchandise.

“Properly, on the streets, one factor that it’s important 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 we have now what they want. And you already know, as they transfer, I might 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 daily. If I will gather the naira, I can really cost anyone 32% in curiosity. So proper now, that’s what I’m dropping.

“And you’re speaking about 500 million, you already know, 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 stated.





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