The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote refinery is expected to supply 25 million litres of petrol daily this month.
The authority in a social media post on Tuesday said the Nigerian National Petroleum Company (NNPC) Limited has agreed to supply crude oil to the refinery in naira.
“At the NMDPRA headquarters in Abuja, NNPCL reached an agreement to commence crude oil sale and supply to Dangote Refinery in local currency,” the authority said.
“The refinery is now poised to supply an initial 25 million litres of PMS into the domestic market this September. And will subsequently increase this amount to 30 million liters daily from October 2024.”