Nigeria’s National Petroleum Corporation (NNPC) has requested a permanent presence at the Dangote Refinery as part of their ongoing crude supply deal.
The NNPC plans to station a team of 6 to 10 people permanently at the refinery, overseeing production and buying back products in Naira.
The negotiations involve a new model for crude supply, where the refinery will buy crude from the government in Naira and sell PMS in the same currency. The negotiations are ongoing, with critical aspects like crude pricing and the Naira exchange rate yet to be finalized.
