Crude oil supply to Dangote shows Tinubu has listening ears – Group

The Arewa Think Tank (ATT) has stated that the approved crude oil supply to Dangote Refinery shows that President Bola Tinubu is a listening leader.

The approval came after a rift between the Nigeria National Petroleum Company Limited (NNPCL) and the owner of the refinery, Aliko Dangote, over the quality of products.

ATT said barely 24 hours after it ran an advertorial in a national daily about its position and the stand of other Civil Society Organisations (CSO) condemning alleged sabotage of Dangote Refinery by NNPCL, the Federal Executive Council (FEC) approved crude oil supply to the refinery.

In a statement Tuesday, the Convener of ATT, Muhammad Alhaji Yakubu, and the Co-Convener of the CSOs, Rev Nicholas Daniel Jatau, said the FEC’s approval of the crude oil supply to Dangote Refinery was a confirmation that products of the refinery were of high quality as against earlier allegation by NNPCL that they were substandard.

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They said, “We are happy that in a significant policy shift, President Bola Tinubu has instructed the Nigerian National Petroleum Company Limited (NNPCL) to sell crude oil to Dangote Refinery and other emerging refineries in naira. This directive aims to stabilize the pump price of refined fuel and manage the dollar-naira exchange rate.

“This decision was reportedly adopted during the Federal Executive Council meeting on Monday, July 29. This shows that Mr President has a listening ear to various complaints regarding the Dangote Refinery.”