Dangote Refineries still embittered over Naira – Crude oil initiative

Dangote Refineries still embittered over Naira – Crude oil initiative …C0NTINUE READING HERE >>>

The Federal Government’s initiative to sell crude priced in naira is losing steam, the vice-president of Dangote Industries Limited, Edwin Devakumar, said in an interview with Reuters on Friday.

Recall early last month, Nigeria officially commenced the sales of crude oil and refined petroleum products in naira, with Dangote refinery focusing on local supply.

The refinery received four cargoes of crude oil from the NNPC under the naira-for-crude sale agreement a few weeks…

>