The House of Representatives has called on Aliko Dangote, the owner of Dangote Refinery, to disclose the cost at which he sells petroleum products from his refinery to NNPC Limited and other major marketers. This request is part of a resolution passed following a motion moved by Oboku Oforji during plenary ¹.
There’s been an ongoing dispute between NNPC Limited and Dangote Refinery regarding the cost per liter of petrol from the refinery. NNPC Limited claims to be buying petrol at N898/liter from Dangote, but the refiner disputes this figure, stating that they sell for less ¹.
To address distribution challenges, lawmakers urged Dangote Refinery to establish or partner with tank farms or depots across Nigeria’s geo-political zones. The motion also commended the refinery’s impact on Nigeria’s energy sovereignty, citing benefits like energy self-sufficiency, cost savings, and foreign exchange generation ¹.
Additionally, Oforji suggested that Dangote Refinery should sell products directly to independent marketers to achieve sustainability. The motion was unanimously adopted by the lawmakers ¹.
This development comes as the Nigerian government begins paying the new minimum wage to civil servants, starting September 26, 2024 ² ³.
