CPPE backs Dangote Refinery, condemns fresh petrol import licenses issuance

The Central for the Promotion of Private Enterprise person condemned the Nigerian authorities implicit the caller issuance of petrol import licenses to petroleum marketers contempt Dangote Refinery’s capableness to conscionable home consumption. 

The Chief Executive Officer of CPPE disclosed this successful a connection on Sunday. 

Recall that the Nigerian Midstream and Downstream Petroleum Regulatory Authority precocious issued petrol import licenses to petroleum marketers.

Dangote Refinery, citing the country’s Petroleum Industrial Act, dragged the Nigerian authorities to court implicit the issuance of petrol import licenses. 

Meanwhile, the Nigerian National Petroleum Company Limited was reported to person kicked against the 650,000-barrel-per-day refinery suit challenging the caller petrol import licenses. 

The improvement had stirred reactions from concern stakeholders, with galore condemning NNPCL and NMDPRA. 

Reacting, CPPE explained that nary federation achieves prosperity with importation. 

According to CPPE...