The Minister of Finance, Wale Edun, has announced that the Nigerian government has begun the Naira-for-crude sale deal with Dangote Refinery from October 1, 2024.
The minister disclosed this in a statement released on the official X account of the Ministry of Finance on Saturday.
According to Edun, the commencement was inline with in line with the Federal Executive Council, FEC directive.
This comes amid uncertainties that face the commencement of the deal after the October 1, 2024 kickoff date.
Recall that to ensure the stability of the price of Petrol in the Country, President Bola Ahmed Tinubu in July 2024 directed NNPCL to sell crude in Naira to Dangote Refinery...
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