Reps also directed the Nigerian National Petroleum Corporation Limited (NNPCL) to reveal what Dangote Refinery pays for crude oil
By Kehinde Okeowo
The House of Representatives has commended how business mogul and owner Dangote Refinery, Aliko Dangote is impacting energy self-sufficiency in the country.
The Reps also urged Dangote Refinery to disclose the cost it is selling Premium Motor Spirit otherwise known as petrol from his refinery to Nigerian National Petroleum Corporation Limited
(NNPCL) and other major marketers to Nigerians.
The federal lawmakers went on to ask NNPCL to disclose the amount the refinery is paying for crude oil.
The resolution followed a motion moved by Oboku Oforji on Thursday during plenary.
The action of the lawmakers was aimed at resolving the dispute between NNPCL and Dangote Refinery over the cost per litre of petrol from the refinery.
While NNPCL recently claimed it is buying petrol at N898/litre from Dangote, the refiner disputed the figure, insisting that it is selling less than the amount.
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In a bid to address challenges surrounding the distribution of its products, House of Reps members urged the management of Dangote Refinery to build, acquire or partner to get Tank Farms or depot across the geo-political zones in the country.
In the motion, Oforji commended the refinery for its impact on energy in the country.
“Nigeria is driving towards energy self-sufficiency, cost and foreign exchange savings, meeting the increasing demand for fuels, attraction of foreign capital investment, generation of Forex through export of finished product,” he said.
He further added that to achieve total sustainability, Dangote Refinery should sell products directly to the independent marketers.
After Oforji moved the motion, it was unanimously adopted by the lawmakers.
