FG REAFFIRMS STEADY PETROLEUM SUPPLY, RESOLVES DANGOTE REFINERY ISSUES

Government assures no disruption as crude-for-naira deal and worker disputes at Dangote Refinery are settled.

The Federal Government has reaffirmed its commitment to a steady supply of refined petroleum products following a review by the Domestic Crude Oil and Refined Products Sales in Local Currency Initiative committee. Finance Minister Wale Edun confirmed the suspension of the naira-for-crude oil arrangement by Dangote Refinery was amicably resolved, along with concerns raised by PENGASSAN over alleged worker sackings. Edun assured the initiative will continue and all disputes are being addressed urgently and in good faith. The government remains focused on energy security, market stability, and consumer protection amid ongoing dialogue with key stakeholders including NNPC and Dangote Refinery.

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