Dangote Refinery has provided insight on its N100 billion lawsuit against the Nigerian National Petroleum Corporation Limited, NNPCL, and five other companies over importation of petroleum products.
Responding to the news of the lawsuit, Anthony Chiejina, the Group Chief Branding and Communications Officer of Dangote Group, said the suit is not new, but was started in June and culminated in the matter being filed on September 6, 2024.
He also said that currently, the parties have been in discussion since the President Bola Tinubu directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by the Federal Executive Council (FEC).
While adding that tremendous progress has been made in that regard and events have overtaken the current narrative, he emphasised that no party has been served with court processes and there is no intention of doing so.
In closing, he said that once the matter comes up in January 2025, the Dangote refinery would be in a position to formally withdraw the matter in court.
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