Tell Nigerians The Cost of Your Petrol — Reps To Dangote Refinery

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The House of Representatives has challenged Africa’s richest man, Aliko Dangote to tell Nigerians the cost of petrol from his refinery, Dangote Refinery.

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The lawmakers asked him to disclose the cost he is selling petroleum from his refinery to NNPC Limited and other major marketers.

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The lawmakers also asked NNPC to disclose the amounts the refinery is paying for crude oil.

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This resolution followed a motion moved by Oboku Oforji on Thursday during plenary.

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Recall that there has been dispute between NNPC Limited and Dangote Refinery over the cost per litre of petrol from the refinery.

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NNPC Limited has claimed to be buying petrol at N898/litre from Dangote, however, the refiner disputed the figure, stating that it is selling less than the amount.

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To address challenges surrounding the distribution of its products, the lawmakers urged the management of Dangote Refinery to build, acquire or partner to get Tank Farms or depot across the geo-political zones in the country.

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In the motion, Oforji commended the refinery for its impact on energy sovereignty of the country.

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“Nigeria is driving towards energy self-sufficiency, cost and foreign exchange savings, meeting the increasing demand for fuels, attraction of foreign capital investment, generation of Forex through export of finished product,” he said.

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To achieve sustainability, Oforji said Dangote Refinery should sell products directly to the independent marketers.

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The motion was adopted unanimously by the lawmakers.