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Otedola: Dangote refinery petrol supply to NNPC will eliminate queues

IPMAN to NNPC: Sell petrol to us at Dangote refinery rate or refund our money IPMAN to NNPC: Sell petrol to us at Dangote refinery rate or refund our money

Femi Otedola, the owner of Zenon Petroleum, has commended the Dangote Petroleum Refinery for successfully supplying premium motor spirit (PMS), also known as petrol, to the Nigerian National Petroleum Corporation (NNPC) Limited.

Otedola, in a post on X on Sunday, said the supply of PMS to NNPC will end queues at retail stations.

“Kudos to President Tinubu for making this a reality!,” he said.

“Fuel queues are now a thing of the past as Dangote Refinery starts loading PMS today Sunday 15 September 2024.”

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Earlier today, Dangote refinery said trucks owned by NNPC have commenced loading petrol at its gantry.

The development followed NNPC’s deployment of trucks to the petrol-loading gantry of Dangote refinery on Saturday.

On September 14, the federal government said Dangote refinery will sell petrol to only NNPC, adding that interested marketers would have to buy the product from the national oil firm.

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However, the government said Dangote refinery can sell diesel to any off-taker.

Dangote refinery commenced petrol production on September 3.

On the same day, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said the Dangote refinery is expected to supply 25 million litres of petrol daily in September and will subsequently increase the volume to 30 million litres daily from October.

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