October 30, 2024

NPA to lead coordination of petroleum products sales in naira

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The anticipated successes of the Dangote refinery that is expected to bring down the price of petroleum products within Nigeria has been boosted by the commencement of works by the various agencies of government saddled with the responsibility of ensuring the smooth implementation of the initiative to sell crude oil and petroleum products to the Refinery in Naira.

The service provision from all the regulatory, security and other stakeholders according to the Managing Director of the Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho followed the federal government directive to the NPA to coordinate service provision from all regulatory, security and other stakeholders to achieve the objective.

Speaking at the inaugural inter-agency stakeholders meeting on the One-stop-shop (OSS) at the NPA headquarters in Lagos, Dantsoho said “we are poised to collaborate and provide the efficiencies necessary to deliver on this national imperative of ensuring the availability of Premium Motor Spirit (PMS) and other petroleum products”. 

He said “We are also setting up a one-stop shop that will coordinate service provision from all regulatory, and security agencies, and other stakeholders to ensure a smooth implementation of this initiative”.

According to him, the meeting is in line with the directive of the federal government for the One-Stop-Shop to be located in the Nigerian Ports Authority (NPA).

The OSS team which is comprised of representatives from NPA, Nigerian Navy, NNPC Limited, Dangote Group, Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), Nigerian Maritime Administration & Safety Agency (NIMASA) and NDLEA has a top official from the NPA Marine & Operations Directorate Ms. Maureen Ogbonna as its focal person.

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