Dangote Refinery has announced a temporary suspension of petroleum product supplies in naira. This decision comes amid reports that the Nigerian National Petroleum Company Limited may have ceased selling crude to the refinery in the local currency.
The suspension is expected to impact the domestic petroleum market, given the refinery’s significant role in Nigeria’s fuel supply chain. The move underlines the ongoing challenges in the country’s energy sector, which seeks stability amidst fluctuating economic conditions and currency valuation issues.
Stakeholders are closely monitoring the situation for any further developments or long-term implications.
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