National

Tinubu approves sale of crude oil to Dangote, others in Naira

VOICE AIR MEDIA, News Update

THE Federal Executive Council, FEC has mandated the Nigerian National Petroleum Corporation, NNPC to immediately begin the sale of crude oil to local refineries, including the Dangote Refinery in local currency.

Federal Inland Revenue Service (FIRS) boss Zack Adedeji disclosed after a FEC meeting chaired by President Bola Tinubu in Abuja on Monday.

He said the measure would reduce the strain on the country’s foreign spendings and stabilise the pump price of petrol, diesel and other products in Nigeria.

Adedeji said FEC ordered that the state-owned NNPCL immediately begin the full implementation of the directive to boost local production of refined petroleum products in Nigeria.

NOTE: YOU can join our WhatsApp, Telegram for the news updates you need by sending your name & location to WhatsApp No. @ Wa.me/+2348111142174
PLEASE SEND STRICTLY TO WHATSAPP, DON’T SEND SMS MESSAGE OR CALL.
FOR your Advert Placement, Press Release, Press Conference, Interviews, Media & Publicity.
CONTACT VAM WHATSAPP NO. Wa.me/+2348072633727
voiceairmedia@gmail.com
PressRoom@ +2348111142174

VAM News

Recent Posts

Nigerian Govt Announces Fresh Update On Paramilitary Recruitment

News Update THE Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has released the…

1 hour ago

Insecurity: Kogi Announces Major Measures To Cut Off Bandits’ Supply Network

Insecurity: Kogi bans all night travels on state roads, stop commercial use of okada in…

2 hours ago

Abducted Major General Rabe Abubakar Dies in Bandits Captivity

News Update Rabe Abubakar, a retired major-general and former director of defence information, is dead.…

11 hours ago

Popular Actor Kola Oyewo dies

Veteran Nollywood Kola Oyewo has died. He was aged 80. The disclosure was made in…

17 hours ago

Tears as Serving Federal Lawmaker Dies

News Update THE House of Representatives has expressed deep sorrow over the death of Rep.…

17 hours ago

2027: ‘I won’t get my PVC to vote a Male candidate – Nigerian lady sparks re

A Nigerian feminist has declared that she would rather not vote at all than obtain…

1 day ago