The Group Managing Director Nigerian National Petroleum Corporation , Dr. Maikanti Baru, who presided over the opening, said that the corporation would receive about 14 billion litres in a year as exchange for the crude.
He said the occasion marked the beginning of yet another landmark event in the bid to miximise the value of the Nigerians and other stakeholders in the bid to guarantee energy security for the nation. According to him: “Since the inception of the DSDP scheme in 2016 to March 2019, 29.5million meteoric tons of petroleum products have been supplied under the scheme representing over 90% of the national requirement.”
He explained that the 2019-2020 DSDP tender objectives were to engage reputable qualified companies for the Direct Sales of Nigerian crude oil and Direct Purchase of petroleum products.
Source: News Formal (newsformal.com)
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