Management of Dangote Refinery has said that it has no fresh suit in court with tbe Nigerian National Petroleum Company Limited and any other oil company.
In reaction to a report in the media claiming it approached the court to stop the Nigerian National Petroleum Company Limited (NNPCL) and others from continuing fuel importation, Dangote said the issue was old and has already been settled.
In a statement signed by the Group Chief branding and Communication Officer, Anthony Chiejina, Dangote said: “the report, is an old issue that started in June and culminated in a matter being filed in September 6, 2024.”
The statement explained that since President Bola Ahmed Tinubu’s directive on crude oil for Naira sales initiative, events have overtaken the development.
He said, “Currently, the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by the Federal Executive Council (FEC).
“We have made tremendous progress in that regard and events have overtaken this development.”
Chiejina said the Dangote Refinery neither served any party with the court process nor intended to do so, expressing the company’s readiness to withdraw the case when it comes up in January, 2025.
“We have agreed to put a halt to the proceedings.
“It is important to stress that no orders have been made and there are no adverse effects on any party. We understand that once the matter comes up January 2025, we would be in a position to formally withdraw the matter in court.”