Deregulation allows marketers source products from anywhere, NMDPRA replies Dangote

According to the NMDPRA, the deregulation of the downstream sector allows marketers to source products from anywhere, whether locally refined or imported from outside the country.

The NMDPRA’s response comes after Dangote Refinery alleged that the Authority was granting import licenses indiscriminately to marketers when it had the capacity to meet local demands for diesel. It also alleged that the marketers were importing substandard products into the country. On the allegations that its licence holders were importing substandard petroleum products, Ukoha dismissed the claims as false, pointing out that the sulphur content of diesel imported into the country was below the average set by regulators.We can produce 10,000 trucks annually, create 3,000 jobs – Dangote Sinotruk

“Whilst it encouraged almost immediate enforcement against imports to comply with that standard, the same treaty deferred enforcement for local refineries up to 31st December 2024. “And so I would like to assure Nigerians that this is a mandate that the Authority takes very seriously and that we are here to guarantee the well-being and health of Nigerians, and there is no dirty fuel that we will encourage to come into Nigeria”.Speaking earlier, the Group Managing Director, Rainoil Limited, Dr. Gabriel Ogbechie said the marketers were also buying products from the Dangote Refinery.

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