Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources, chaired a high-level meeting addressing the challenges faced by the Dangote Refinery in Lagos.
This refinery is deemed a critical project in Nigeria's oil sector.
The meeting, held on Monday, was attended by key stakeholders including Mr. Aliko Dangote, Chairman and CEO of Dangote Group, and Mr. Farouk Ahmed, Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
Recent reports from SaharaReporters highlighted concerns raised by Farouk Ahmed regarding the consistency and standardization of the refinery's output.
He noted that the quality of products from Dangote Refinery was inferior compared to imported ones and mentioned that the refinery was yet to be licensed by the appropriate agency and was only about 45% completed.
Ahmed expressed worries about relying on a single refinery, especially as Dangote has requested a suspension of imports to direct all marketers to his refinery.
In response, Aliko Dangote stated that he had halted his earlier plans to invest in the Nigerian steel sector to avoid monopoly accusations.
He also expressed his willingness to sell his refinery to the Nigerian National Petroleum Company Limited (NNPCL) to demonstrate his commitment to the nation's growth.
Tags
local