The Nigerian Ports Authority (NPA) has commenced the implementation of the Federal Authorities directive to facilitate the sale of crude oil and petroleum merchandise in Naira, with the preliminary concentrate on serving the Dangote Refinery.
The Managing Director, NPA, Dr. Abubakar Dantsoho, throughout an inter-agency stakeholders assembly yesterday, stated the authority is coordinating companies from regulatory, safety and different stakeholders to make sure the graceful execution of this nationwide initiative.
Dantsoho introduced the institution of a “One-Cease-Store” (OSS) on the NPA headquarters in Lagos, which is able to centralise operations associated to the sale and distribution of petroleum merchandise.
He stated the OSS will function a coordination hub, bringing collectively numerous companies to streamline processes and enhance effectivity.
“We’re poised to collaborate and supply the efficiencies essential to ship on this nationwide crucial of guaranteeing the provision of Premium Motor Spirit (PMS) and different petroleum merchandise,” Dantsoho stated.
He emphasised that the NPA’s function is essential in guaranteeing the graceful implementation of the Federal Authorities’s initiative.
In accordance with him, the OSS initiative is a collaborative effort involving representatives from key companies, together with the Nigerian Navy, NNPC Restricted, the Dangote Group, the Federal Inland Income Service (FIRS), the Nigeria Customs Service (NCS), the Nigerian Maritime Administration & Security Company (NIMASA), and the Nationwide Drug Legislation Enforcement Company (NDLEA).
He stated the focal individual for the undertaking is Ms. Maureen Ogbonna, a senior official from NPA’s Marine and Operations Directorate.
He stated the transfer to facilitate the sale of petroleum merchandise in Naira comes amid ongoing efforts by the federal government to strengthen the nation’s power sector and improve the native financial system.
“The partnership with the Dangote Refinery, one of many largest in Africa, is predicted to considerably enhance the provision of petroleum merchandise, significantly Premium Motor Spirit (PMS), inside Nigeria.
“The OSS framework is designed to simplify service provision from regulatory and safety companies, guaranteeing compliance with authorities insurance policies whereas enhancing operational effectivity.”
