Saturday, November 23, 2024
Google search engine
HomeNewsDangote Battles NNPCL, Seeks N100bn Over Import Licenses

Dangote Battles NNPCL, Seeks N100bn Over Import Licenses

#Zulum238Projects #Term2 Focus: Education (54 Projects) Zulum's 5th year in office, consolidating on sterling 4 years of the first tenure. “1,195 Projects and Counting.” Series on 238 projects in the first year of the second tenure of Governor Zulum.

In a bold legal move, Dangote Refinery has petitioned the court to annul import licenses held by NNPCL, Matrix, and four other firms.

The company is also seeking N100 billion in damages from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), accusing it of unlawfully granting import permits to its rivals.

Google search engine
See also  Dangote cement export of clinker, cement increase by 87.2%

According to Dangote Refinery, the continued issuance of these licenses undermines their operations and market dominance.

The case is set to shake up Nigeria’s fuel import landscape, as industry giants face off in court.

 

About The Author

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular