The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said on Tuesday that the Dangote Refinery will supply 25 million litres of petrol to the Nigerian market daily starting this month.
The oil industry regulator revealed this in a post on its X platform, adding that refineries will increase supply to 30 million liters daily in October.
The article reads: “At the NMDPRA headquarters in Abuja, NNPCL reached an agreement to commence the sale and supply of crude oil to the Dangote Refinery in local currency.
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“The refinery is now ready to supply an initial 25 million liters of PMS to the domestic market this September and will further increase this amount to 30 million liters per day from October 2024.”
Dangote Group President Aliko Dangote on Tuesday officially announced the launch of the first Premium Motor Spirit (petrol) from the 650,000 barrel per day refinery.
He said the Federal Executive Council (FEC) would decide the price of gasoline produced by refineries.
Dangote Refinery to supply 25 million litres of petrol daily by September first appeared on Latest Nigeria News | Headlines from Ripples Nigeria.