NPA commences coordination of crude oil sale to Dangote refinery

The Nigerian Ports Authority (NPA) says it has commenced implementation of the federal government directive to coordinate service provision from all stakeholders for the smooth sale of crude oil in naira to the Dangote refinery.

Abubakar Dantsoho, managing director of the authority, announced the development when he chaired the inter-agency stakeholders meeting on the one-stop-shop (OSS) at the NPA headquarters in Lagos.

According to a statement on Thursday by the NPA, this is in line with the directive of the federal government for the OSS to be located in the NPA.

“We are poised to collaborate and provide the efficiencies necessary to deliver on this national imperative of ensuring the availability of premium motor spirit (PMS) and other petroleum products,” he said.

“We are also setting up a one-stop-shop that will coordinate service provision from all regulatory, and security agencies, and other stakeholders to ensure a smooth implementation of this initiative.”

The OSS team is comprised of representatives from NPA, Nigerian Navy, Nigerian National Petroleum Company (NNPC) Limited, Dangote Group, Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), Nigerian Maritime Administration and Safety Agency (NIMASA), and Nigeria Drug Law Enforcement Agency (NDLEA).

Maureen Ogbonna, an official at the NPA marine and operations directorate, serves as the committee’s focal person.

On July 29, the federal executive council (FEC) approved a proposal by President Bola Tinubu directing the NNPC to sell crude oil to Dangote Petroleum Refinery and other refineries in naira.

The federal government said the sale of crude oil to the Dangote refinery and other refineries in naira would commence on October 1.

On September 30, Eche Idoko, publicity secretary of Crude Oil Refinery-owners Association of Nigeria (CORAN), said the sale will start with refineries producing petrol.