x

Dangote refinery’s product substandard, he seeks to be a monopoly -CEO NMDPRA

By Samuel Itsede Makho

The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has said that the quality of petroleum products from the Dangote refinery, as well as those from Watersmith, Aradel, and other modular refineries, operating in the country are substandard compared to imported ones.

Chief Executive Officer of NMDPRA Farouk Ahmed disclosed this in a recent interview with journalists

The CEO of NMDPRA refuted reports that some cabals within the oil and gas sector were trying to scuttle the Dangote Refinery.

According to him, the 650,000 barrel-per-day refinery has not been issued an operational licence by NMDPRA.

He noted that Dangote Refinery is still in the pre-commissioning stage and about 45 per cent completed.

Ahmed added that the country can not risk allowing Dangote Refinery to become a monopoly especially Automotive Gas Oil and Dual Purpose Kerosene, DPK.

He said: “That is not so. Dangote Refinery is still in the pre-commissioning stage. It has not been licenced yet. We haven’t licenced them yet. I think they are about 45 per cent to completion.

“We cannot rely on one refinery to feed the nation because Dangote is requesting that we suspend or stop imports, especially of AGO and DPK, and direct all marketers to his refinery That is not good for the nation in terms of energy security, and it is not good for the market because of the monopoly.”

Ahmed said that in terms of quality, Dangote’s current AGO (diesel) suffers from the lowest quality in terms of sulphur content, falling short of West Africa’s requirement of 50 parts per million (PPM).

“Dangote Refinery, as well as some modular refineries like Watersmith Refinery and Aradel Refinery, are producing between 650 and 1,200 PPM. Therefore, in terms of quality, their products are inferior to imported ones,” he stated.

This development comes days after the Chairman of Dangote Group, Aliko Dangote, said Dangote Refinery is set to commence fuel supply in August 2024.

Earlier, Devakumar Edwin, the Vice President of Dangote Industries Limited, had alleged that most fuel products imported into Nigeria are substandard.

He also accused international oil companies of frustrating the kickoff of the Dangote Refinery by selling oil crude at a higher price in Nigeria.

Hot this week

Court Allows Yahaya Bello to Travel for 2026 Lesser Hajj

A Federal High Court in Abuja has granted former...

2027 Polls: Oborevwori Directs Police, Security Agencies to Arrest, Prosecute Armed Individuals

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

Tinubu Runs Most Christian-Friendly Government — Akpabio

By Israel Adamu, JosPresident of the Senate, Senator Godswill...

Commentator Criticises Media Narratives Around NAHCON Leadership Dispute

A public affairs commentator, Suleiman Bashar Aliyu, has criticised...

Coalition Moves to Avert the Fraudulent Takeover of Pinnacle Communications.

The Coalition of Civil Society Groups for Transparency and...

FUL Matriculates 9,097 Students for 2025/2026 Academic Session

From Noah Ocheni, LokojaThe Federal University Lokoja (FUL) has...

CSO Writes Tinubu Over Hajj BTA Card Policy

By Jabiru HassanA civil society organisation, Independent Hajj Reporters...

Gov. Otti Extends Free Electric Bus Service to End of February

Governor Alex Otti of Abia State has approved a...

Naira Strengthens to N1,385/$ as Equities Gain N232bn

The naira appreciated further at the official foreign exchange...

FCT Schools, Primary Health Centres Remain Closed as Workers’ Strike Enters Ninth Day

Public primary schools and primary healthcare centres across the...

Meter Costs Trigger DisCos–FG Dispute Over Electricity Tariffs

A disagreement has emerged between the Federal Government and...

Related Articles

Popular Categories

spot_imgspot_img