Dangote Refinery Suspends Naira Sales Over Crude Supply Issues
Dangote Refinery has temporarily suspended the sale of petroleum products in Naira due to the Federal Government’s failure to renew the crude-for-Naira deal with NNPC Limited. The refinery explained that the decision was necessary to align sales currency with crude procurement obligations, which are currently in U.S. dollars as the company reaffirmed its commitment to the Nigerian market and assured that sales in Naira would resume once it receives an allocation of Naira-denominated crude from NNPC.
