• About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms Of Use
Thursday, June 26, 2025
No Result
View All Result
Converseer
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports
No Result
View All Result
Converseer
No Result
View All Result
Home Business

Tinubu’s aides meet with Dangote, NNPC, reach agreement

by Editorial Team
9 April 2025
in Business, Politics

A meeting between a presidential delegation and officials of the Dangote refinery, NNPC and other parties has agreed to extend the policy of selling Nigerian crude to local refineries in naira.

This was disclosed by the Ministry of Finance in a post on its X handle.

The Tuesday meeting also resolved that the policy, which also includes the sale of the products obtained from such crude in naira, will not have a terminal date.

“The Crude and Refined Product Sales in Naira initiative is not a temporary or time-bound intervention, but a key policy directive designed to support sustainable local refining, bolster energy security, and reduce reliance on foreign exchange in the domestic petroleum market,” the finance ministry stated.

PREMIUM TIMES reported that the Dangote refinery, currently the largest supplier of petrol to the Nigerian market, had threatened to start selling its refined products in dollars because it was finding it difficult to obtain crude from the NNPC in naira. This would have resulted in an increase in the pump price of petrol to Nigerians.

Dangote refinery’s officials attended Tuesday’s meeting, the finance ministry stated.

“The meeting was attended by the Chairman of the Implementation Committee, Hon. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Chairman of the Technical Sub-Committee and Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Zacch Adedeji; the Chief Financial Officer of NNPC Limited, Mr. Dapo Segun; the Coordinator of NNPC Refineries; Management of NNPC Trading; representatives of Dangote Petroleum Refinery and Petrochemicals; and senior officials from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Central Bank of Nigeria (CBN), the Nigerian Ports Authority (NPA), representative of Afreximbank, as well as the Secretary of the Committee, Hauwa Ibrahim,” the ministry wrote.

© Premium Times

Tags: Dangote NewsNigeria News
ShareSendTweetShare

Related News

Senate Appoints Committee Chairpersons for Regional Development Commissions

Full List: Senate confirms Tinubu’s 33 appointments for Rivers

26 June 2025
Jarigbe vs Onor: Group affirms unity among PDP bigwigs

Jarigbe vs Onor: Group affirms unity among PDP bigwigs

26 June 2025
Ikom Council Boss introduces minibus shuttles to decongest traffic in metropolis

Ikom Council Boss introduces minibus shuttles to decongest traffic in metropolis

26 June 2025
Guinea’s transitional council to present constitution draft as 2025 referendum draws close

Guinea’s transitional council to present constitution draft as 2025 referendum draws close

26 June 2025

Latest News

Timetable for Basic Education Certificate and Primary 6 Placement exams in Cross River

Full List: Senate confirms Tinubu’s 33 appointments for Rivers

Jarigbe vs Onor: Group affirms unity among PDP bigwigs

Court adjourns Yahaya Bello’s alleged N110bn fraud trial

Ikom Council Boss introduces minibus shuttles to decongest traffic in metropolis

Apparition of Jesus appears in Philippines

About Us

Converseer is an online newspaper that delivers impartial, comprehensive news coverage on politics, business, and education, among other topics. Our goal is to bridge the information gap and promote progress across various sectors of society.

Social Media

  • Facebook
  • WhatsApp
  • X (Twitter)
  • YouTube

Coverage

  • Africa
  • Americas
  • Asia
  • Europe
  • Middle East

Topics

  • Special Reports
  • Fact Check
  • Feature
  • Opinion
  • History
  • About
  • Contact
  • Advertise
  • Privacy Policy
  • Terms Of Use

© 2025 Converseer - All Rights Reserved. Paradise Media Venture.

No Result
View All Result
  • Home
  • News
    • General News
    • Education
    • Business
    • Security
    • Entertainment
    • Lifestyle
    • Tourism
  • Politics
  • Metro
  • Jobs
  • Sports
  • Health
  • Tech
  • More
    • Science & Nature
    • Agriculture
    • Opinion
    • Feature
    • Fact Check
    • History
    • Profile & Biography
    • Special Reports

© 2025 Converseer - All Rights Reserved. Paradise Media Venture.