No New Lawsuit Filed Against NNPCL, Others – Dangote Refinery
Ongoing discussions are taking place among the parties following President Bola Tinubu’s directive regarding crude oil and refined products sales in naira
The Dangote Petroleum Refinery has denied allegations that it initiated legal action against the Nigerian National Petroleum Company Limited (NNPCL), the Nigerian Midstream and Downstream Petroleum Regulatory Authority, and other marketers to revoke their licenses for fuel importation.
Anthony Chiejina, the Group’s Chief Branding and Communications Officer, shared this information in a statement provided to newsheadline247 on Monday. He indicated that a formal process to officially withdraw any existing lawsuit is set to commence in January 2025.
Chiejina addressed reports claiming a lawsuit had been submitted to the Federal High Court aimed at halting fuel imports by NNPCL and other oil marketers. He clarified that this case is not recent; it stems from an issue that began in June and led to a filing on September 6, 2024.
He also mentioned that developments such as the naira-for-crude sales initiative have progressed since then, prompting the decision to withdraw the case from court. …Continue reading after adverts
In the statement titled “No Fresh Case Filed Against NNPCL and Others,” it was noted that ongoing discussions are taking place among the parties following President Bola Tinubu’s directive regarding crude oil and refined products sales in naira.
For the complete statement, please see below.
This is an old issue that started in June and culminated in a matter being filed on September 6, 2024
Currently, the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by the Federal Executive Council (FEC).
We have made tremendous progress in that regard and events have overtaken this development.
No party has been served with court processes and there is no intention of doing so. We have agreed to put a halt to the proceedings.
It is important to stress that no orders have been made and there are no adverse effects on any party. We understand that once the matter comes up January 2025, we would be in a position to formally withdraw the matter in court. More
