Dangote Petroleum Refinery has refuted claims of initiating a new legal action against the Nigerian National Petroleum Company (NNPC) Limited.
Gatekeepers News reports that recent reports suggested that the refinery was seeking a court ruling to invalidate import licenses granted to the NNPC and other oil marketers for importing refined petroleum products that are already being produced by Dangote without any shortages.
In a statement released on Monday, Anthony Chiejina, the group chief branding and communications officer, clarified that the alleged lawsuit has been ongoing since June. He also indicated that the Dangote refinery intends to withdraw the case in January 2025.
“This is an old issue that started in June and culminated in a matter being filed on September 6, 2024,” the company said.
“Currently, the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by the Federal Executive Council (FEC).”
Dangote refinery said it has made tremendous progress in that regard and events have overtaken the development.
“No party has been served with court processes and there is no intention of doing so. We have agreed to put a halt to the proceedings,” the company said.
“It is important to stress that no orders have been made and there are no adverse effects on any party. We understand that once the matter comes up January 2025, we would be in a position to formally withdraw the matter in court.”
