HomeNewsFG approves sale...

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

By Hafsat Aleeyu Muye
Estimated reading time: Less than 1 minutes

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.

READ ALSO: NAF announces sale of presidential aircraft, calls for bidders

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

Follow the Neptune Prime channel on WhatsApp: https://whatsapp.com/channel/0029Va74ZvU2v1IqKByXoX3

Follow the Neptune Prime channel on WhatsApp:

WhatsApp Channel

Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com

WhatsApp us here also
Load more

Get notified whenever we post something new!

spot_img

Buy Now ⟶

Continue reading

Hafsat Aleeyu Muye -
Crime

Suspected IPOB terrorists kidnap Nigerian varsity professor

Suspected IPOB terrorists kidnap Nigerian varsity professor Professor Oguejiofo Ujam, a senior lecturer and Dean of the School of General Studies at the University of Nigeria, Nsukka, was kidnapped on Sunday while travelling along the Ugwuogo-Nike-Opi-Nsukka Road. The incident marks another...
Hafsat Aleeyu Muye -
Crime

NSCDC spokesman battles for life after attack by phone snatchers

NSCDC spokesman battles for life after attack by phone snatchers Some suspected phone snatchers have reportedly attacked the spokesperson for the Niger State Command of the Nigeria Security and Civil Defence Corps, Ibrahim Rabiu Muti, while going home from work...
Hafsat Aleeyu Muye -
News

Asari Dokubo accuses Tinubu of betrayal, vows to team up with the North in 2027 (Video)

Asari Dokubo accuses Tinubu of betrayal, vows to team up with the North in 2027 (Video) Former militant leader, Asari Dokubo has accused the Yoruba community of betraying the Ijaw and Niger Delta people despite their support for President Bola...

Subscribe ⟶