We don’t have enough crude oil for Dangote – Oyedele

Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said Nigeria does not presently person capable crude lipid to proviso the Dangote Petroleum Refinery with its regular request of 700,000 barrels.

Oyedele explained that the state was yet to scope a accumulation level that would alteration it to conscionable the refinery’s full crude lipid request portion besides satisfying different home and export commitments.

“We (Nigeria) are inactive not astatine the constituent wherever we tin springiness Dangote Refinery 700,000 barrels of crude oil; we don’t person capable to work Dangote Refinery,” helium said.

The curate spoke connected Friday portion fielding questions connected Channels Television’s Politics Today programme.

His comments travel amid ongoing concerns implicit Nigeria’s crude lipid accumulation capableness and the proviso of crude to the Dangote Refinery, Africa’s largest single-train refinery, which has a nameplate capableness of 650,000 barrels per day.

The improvement besides comes arsenic the Federal Government has announced a 30-day petrol discount astatine Nigerian National Petroleum Company Limited (NNPCL) filling stations, ...