HomeBusinessDangote alleges crude supply sabotage by govt, NNPC objects

Dangote alleges crude supply sabotage by govt, NNPC objects

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The Dangote Petroleum Refinery and Petrochemicals FZE has accused the Federal Government and its agencies of alleged deliberate sabotage, undermining its operations and frustrating its investment in Nigeria’s downstream petroleum sector, an allegation the FG denied.

In a recent affidavit filed before the Federal High Court in Lagos seeking an interim injunction to stop the issuance and renewal of petroleum import licences, the company said its operations are anchored on crude oil supply arrangements with the Nigerian National Petroleum Company Limited, which it described as central to its refining business.

But the NNPC refuted the claims, stressing that it would raise a preliminary objection challenging the competence of the suit and the refinery’s locus standi

According to a copy of the affidavit obtained by The PUNCH, the refinery told the court that, pursuant to its status as the operator of a domestic refinery in Nigeria, its business operations include purchasing

This post was originally published on this site.

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