The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said the $20bn Dangote Refinery will supply the Nigerian market with 25 million litres daily this September.
The regulator also said that starting in October, the 650,000 barrels per day facility will pump 30 million litres daily into the Nigerian market.
Speaking via a post on X (formerly Twitter), the NMDPRA disclosed that at a meeting in Abuja on Tuesday, they had reached an agreement with the Nigerian National Petroleum Company Limited (NNPCL) to commence crude oil sale and supply to Dangote Refinery in local currency.
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Recall that after over a year of its launch in May 2023, Dangote Refinery yesterday, rolled out its first Premium Motor Spirit (PMS), also known as petrol, from its refinery located in the Lekki area of Lagos State.
