The Nigerian National Petroleum Company Limited (NNPCL) has published a breakdown of estimated petrol prices sourced from the Dangote Refinery for its retail stations in Lagos and other states across the country.
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To clarify, we have never accused NNPC of not supplying us with crude. Our concern has always been NUPRC’s reluctance to enforce the domestic crude supply obligation and ensure that we receive our full crude requirement from NNPC and the IOCs.
“As a government, we are committed to protecting our local industries. There is no two ways. We are committed to protecting all stakeholders in the oil sector; not just one company, not just one regulator, but every stakeholder deserves protection, which is the government’s responsibility.