The management of Dangote Refinery has refuted claims that it initiated new legal action against the Nigerian National Petroleum Corporation (NNPC) and other companies regarding import licenses.
This clarification follows recent reports suggesting that the refinery had filed a lawsuit to invalidate import licenses granted to the NNPC and others.
In a statement issued on Monday by Anthony Chiejina, Group Chief Branding and Communication Officer of Dangote Industries Limited, the company dismissed the reports as false, clarifying that the issue originated in June and resulted in a case filed on September 6, 2024.
The statement further explained that President Bola Ahmed Tinubu’s directive on the crude oil-for-naira initiative has since rendered the matter outdated.
The statement reads, “This is an old issue that started in June and culmunated in a matter being filed in September 6, 2024.
“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).
“We have made tremendous progress in that regard and events have overtaken this 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.
“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.”
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