FG approves sale of crude oil in naira to Dangote Refinery, others

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FG approves sale of crude oil in naira to Dangote Refinery, others

The Federal Executive Council (FEC) has approved the sale of crude oil to Dangote Refinery and other local refineries in Naira instead of dollars.

This was disclosed to State House Reporters by the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji.

The FIRS boss, while addressing the newsmen, said the approval stipulates that refined products of the refineries will be sold to marketers for local consumption.

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Proofreading and editing by Gift Luckson and Hafsat Aleeyu Muye. Editor and Journalist at Neptune Prime.

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