Dangote group said it filed the suit in September but has been in discussions with the parties.
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According to him, the parties are now in discussion following President Bola Tinubu’s directive on crude oil and refined products sales in naira within Nigeria, approved by the Federal Executive Council . He added that once the matter comes up in January 2025, the refinery will formally withdraw the case.
In June, the Dangote Group accused some international oil companies of sabotaging the plant’s operations by either refusing to supply crude or offering oil at higher premiums compared to market prices. The results showed the sample from the refinery’s diesel had much lower sulphur than the imported ones.NNPC Ltd to engage Dangote refinery and other local refineries with a view to resolving the dispute over the sale of crude oil to them. The FEC, presided over by President Bola Tinubu, also directed that such crude oil sales to the refineries be made in naira and that the refineries, located in Nigeria, should also sell their refined products to the Nigerian market in naira.
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