The Dangote Petroleum Refinery has refuted claims that it filed a lawsuit against Nigerian National Petroleum Company Limited, Nigerian Midstream and Downstream Petroleum Regulatory Authority and other marketers to revoke their licence to stop fuel importation......Read The Full Article>>.....Read The Full Article>>
It said that a process to commence the formal withdrawal of the lawsuit will commence in January 2025.
The Group’s Chief Branding and Communications Officer, Anthony Chiejina, disclosed these in a statement on Monday.
Chiejina was reacting to reports of a lawsuit filed at the Federal High Court to stop the importation of fuel by oil marketers and NNPCL.
The Dangote official stated that the case is not new and originated from an issue that began in June and culminated in a filing on September 6, 2024.
He further noted that events, including the naira for crude sales, have overtaken this development and will be withdrawn from the court.
The statement titled ‘No Fresh Case Filed Against NNPCL, others’ also noted that the parties are currently in discussions following President Bola Tinubu’s directive on the crude oil and refined products sales in the naira initiative.
The statement read, “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 President Bola Tinubu’s directive on crude oil and refined products sales in the Naira Initiative, which was approved by the Federal Executive Council.
“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 in January 2025, we will be in a position to formally withdraw the matter in court.”
