Senate: Tinubu's Lifeline to Dangote Refinery on Crude Supply by NNPC Will Strengthen Naira FEC’s approval of new deal shows president a listening leader, say Arewa Think Tank, CSOs
Emmanuel Addeh and Sunday Aborisade in Abuja
The Senate yesterday expressed
confidence that the lifeline offered to the Dangote Refinery for the Nigerian National Petroleum Company Limited (NNPC) to sell
crude oil to the 650,000 barrels per day facility in local currency will help strengthen the naira. The Red Chamber through its
Committee on Finance, expressed the optimism in a statement by the Chairman, Senator Sani Musa. On Monday, the Federal Executive
Council (FEC) rose from its meeting presided over by President Bola Tinubu with an express approval of the sale of crude oil to indigenous
refineries including the Dangote Refinery in Naira. Continued on page 10
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