NPA moves to coordinate sale in Naira for crude oil, refined products policy

The Nigerian Ports Authority, NPA, in collaboration with other agencies of government has concluded plans to implement the sale in Naira for crude oil supply to Dangote's Refinery and other refined products.

Speaking at a meeting at the Lagos Headquarters of the NPA, it's Managing Director, Dr. Abdulkadir Dantsoho said that the implementation of the Federal Government’s directive for the NPA to coordinate service provision from all regulatory, security, and other stakeholders for the smooth implementation of the initiative to sell crude oil and petroleum products to the Dangote Refinery in Naira has commenced.

Dantsoho also said that the agency will collaborate with other stakeholders to establishe a One-Stop Shop that will coordinate service provision from all regulatory, and security agencies, and other stakeholders to ensure a smooth implementation of this initiative.

He said: "We are also setting up a One-Stop Shop that will coordinate service provision from all regulatory, and security agencies, and other stakeholders to ensure a smooth implementation of this initiative.

“We are poised to collaborate and provide the efficiencies necessary to deliver on this national imperative of ensuring the availability of Premium Motor Spirit (PMS) and other petroleum products”. 

The NPA boss who chaired the Inter-agency stakeholders' meeting explained that the agency is ready to work with everyone involved in the implementation of the policy with a view to ensuring that products are made available across the country.