Barring all unforeseen circumstances, Dangote imported fuel will soon enter Nigerian market as the Nigerian National Petroleum Company Limited (NNPCL ) has granted the Chairman of Dangote Group and President, Dangote Refinery and Petrochemical Company, Alhaji Aliko Dangote, licence to begin the importation of Premium Motor Spirit (PMS) or petrol into the country pending the completion of the 650,000 barrels per day plant at Lekki, Lagos, Nigeria.

ENERGY TIMES reliably gathered from top Presidency sources that the imported fuel would be discharged at Dangote barge and pumped into tanks and would sell at market dictated price to marketers while work progresses at the refinery.

The choice of Dangote to bring in the product was informed by NNPC’s 20% minority stake in the refinery.

NNPC is investing $2.76 billion deal in the plant which is paid in cash.

The second payment would be through crude sales, and the last payment would be through profits made by the company.

Continue Reading: https://alutagossip.com.ng/nnpc-grants-dangote-license-to-import-fuel/

Hmmm.. by 2030, I forsee Dangote owing Nigeria in its entirety, I still imagine what this Mallam carries that endears him to virtually every administration,can some one let me in pls ??

So the refinery wasn't working before commissioning