The Minister of Finance, Wale Edun, has met with key stakeholders within the oil and gasoline trade, following President Bola Tinubu’s directive for the Nigerian Nationwide Petroleum Company Restricted (NNPCL), to promote crude oil to native refineries in naira.
These in attendance included the Minister of State for Petroleum Sources (Oil), Senator Heineken Lokpobiri, Group Chief Government Officer of NNPCL, Mele Kyari, Government Chairman of the Federal Inland Income Service, Dr Zacch Adedeji, and the Everlasting Secretary of the Ministry of Finance, Lydia Jafiya.
Disclosing this in a submit on its official X web page, the Finance Ministry mentioned the assembly was held on Monday in Abuja.
It acknowledged that the initiative is meant to strengthen the home economic system and help the sustainable operations of native refineries, together with the Dangote Refinery.
“On Monday, the Honourable Minister of Finance and Coordinating Minister of the Economic system, Wale Edun, led a key assembly aimed toward implementing President Tinubu’s directive for the Nigerian Nationwide Petroleum Company Restricted to promote crude oil to native refineries in Naira,” the submit learn.
“This initiative is meant to strengthen the home economic system and help the sustainable operations of native refineries, together with the Dangote Refinery.
“The assembly introduced collectively essential stakeholders, together with Minister of State for Petroleum Sources (Oil), Senator Heineken Lokpobiri, Group Chief Government Officer of NNPCL, Mele Kyari, Government Chairman of the Federal Inland Income Service, Dr. Zacch Adedeji, Everlasting Secretary of the Ministry of Finance, Mrs. Lydia Jafiya, and different notable individuals.”
HM Edun Leads Strategic Assembly on NNPCL Crude Gross sales in Naira
On Monday morning the Honourable Minister of Finance and Coordinating Minister of the Economic system, Mr. Wale Edun, led a key assembly aimed toward implementing President Tinubu’s directive for the Nigerian Nationwide Petroleum… pic.twitter.com/EYQmthOxy3
— Federal Ministry of Finance (@FinMinNigeria) August 12, 2024
In the course of the in-depth discussions, the Finance Minister expressed sturdy confidence within the collaborative efforts of all stakeholders to attain the directive’s targets.
This comes about two weeks after Tinubu directed the NNPCL to promote crude oil to Dangote Refinery and different upcoming refineries in naira.
The president’s directive adopted an approval by the Federal Government Council (FEC), that the 450,000 barrels meant for home consumption be provided in naira to Nigerian refineries, utilizing the Dangote refinery as a pilot.
The transfer is to make sure the steadiness of the pump value of refined gasoline and the dollar-naira change price.
The submit Edun Meets Lokpobiri, Kyari, NNPCL Over Naira Crude Gross sales appeared first on Channels Tv.
