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Dangote Supports NPA’s Initiative to Sell Crude Oil Locally

Dangote

Aliko Dangote, President and Chief Executive of Dangote Industries Limited (DIL), has commended the Nigerian Ports Authority (NPA) for its efficient execution of the Federal Government’s policy mandating domestic sales of crude oil and refined petroleum products in naira.

The billionaire businessman made the remarks while donating a brand-new coaster bus to the One-Stop-Shop (OSS) Committee to enhance its operational efficiency. The gesture underscores Dangote’s support for the committee, which is tasked with enforcing the presidential directive aimed at stabilising Nigeria’s economy.

In a letter addressed to the NPA, Dangote expressed his company’s commitment to assisting the committee in sustaining its achievements.

“In recognition of the enormous responsibility placed on the One-Stop-Shop Committee by the President and Commander-in-Chief of the Armed Forces, and our commitment to ensuring the committee delivers on its mandate, I am pleased to donate a brand-new coaster bus to facilitate their daily operations,” the letter stated.

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“We believe this bus will enhance productivity, and we remain open to further collaborations to support this noble committee,” he added.

The OSS Committee, led by the NPA, plays a crucial role in implementing the Federal Government’s policy, which seeks to strengthen the naira by ensuring domestic crude oil sales are conducted in the local currency.

Earlier, Zacch Adedeji, Chairman of the Technical Sub-Committee on the policy’s implementation, had praised the NPA-led team for its pivotal role in the initiative’s success.

“This pioneering effort is a significant achievement and reflects your commitment and patriotism,” Adedeji said during a recent visit to the NPA. “We encourage you to maintain this dedication and also appreciate all participating agencies for their cooperation.”

The policy aligns with Dangote’s business interests, particularly his refinery’s reliance on domestic crude supply, further highlighting the synergy between private sector stakeholders and government agencies in driving Nigeria’s economic growth.

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