Fuel importation: Dangote denies fresh suit in court

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Dangote Refinery

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Dangote Refinery has said there is no fresh suit in court, involving it and tbe Nigerian National Petroleum Company Limited, NNPCL, alongside other oil companies.
Reacting to recent reports report purporting that it went to court asking it to void fuel import licences to NNPCL and others, the company said it was an old issue was old that had since be resolved.
Anthony Chiejina,  the Group and  Chief Branding and Communication Officer, of Dangote, said in a statement:  “The report, is an old issue that started in June and culminated in a matter being filed in September 6, 2024.”
It added that the matter was overtaken by President Tinubu’s directive on crude oil for Naira sales initiative.
“Currently, the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by the Federal Executive Council (FEC), the statement also said.
“We have made tremendous progress in that regard and events have overtaken this development.”
Chiejina said the Dangote Refinery neither served any party with the court process nor intended to do so, expressing the company’s readiness to withdraw the case when it comes up in January, 2025.
“We have agreed to put a halt to the proceedings.
“It is important to stress that no orders have been made and there are no adverse effects on any party. We understand that once the matter comes up January 2025, we would be in a position to formally withdraw the matter in court.”

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