On Monday morning the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, led a key meeting aimed at implementing President Tinubu’s directive for the Nigerian National Petroleum Corporation Limited to sell crude oil to local refineries in Naira. This initiative is intended to strengthen the domestic economy and support the sustainable operations of local refineries, including the Dangote Refinery.
The meeting brought together important stakeholders, including Minister of State for Petroleum Resources (Oil); Group Chief Executive Officer of NNPCL; Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service Mrs. Lydia Jafiya, Permanent Secretary of the Ministry of Finance; and other notable participants.
During the in-depth discussions, which underscored longstanding challenges within the petroleum sector, the Honourable Minister expressed strong confidence in the collaborative efforts of all stakeholders to achieve the directive’s objectives.