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Arewa Group Urges Collaboration Between Dangote Refinery and NNPCL
Folalumi Alaran in Abuja
The Arewa Group Youth Assembly has called for cooperation between the Dangote Refinery and the Nigerian National Petroleum Company (NNPC) Limited, emphasizing the importance of adhering to regulatory standards in the oil and gas industry.
Speaking yesterday in Abuja, the group acknowledged the challenges faced by Dangote Refinery regarding crude oil supply. The refinery has noted that the current allocation from NNPCL is insufficient for its production needs, prompting it to consider sourcing crude from international markets such as Brazil and America.
Recalled the President of the Dangote Group, Aliko Dangote, has highlighted the necessity of seeking alternative crude oil sources to meet the refinery’s demand. This comes amid ongoing discussions with the NNPCL and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) regarding supply issues and regulatory compliance.
Addressing the situation, Mohammed Salihu Danlami, Speaker of the Arewa Group Youth Assembly, emphasized the importance of following established protocols. He stated, “It is crucial for all stakeholders, including the Dangote Refinery, to adhere to the regulations set forth by the relevant authorities to ensure a fair and competitive industry.”
Danlami expressed confidence in the regulatory bodies, noting their longstanding role in overseeing the sector. He stressed that compliance with these regulations is essential for maintaining industry standards and protecting consumer interests.
He also addressed concerns about market practices, urging transparency and collaboration. “We believe in fair competition and the need for all parties to work together for the benefit of the nation. Ensuring quality and adhering to global best practices is paramount.”
The Arewa Group Youth Assembly called for continued dialogue and cooperation between all stakeholders to resolve the current challenges and support the country’s energy sector. Danlami concluded by expressing hope that mutual understanding and adherence to regulations would foster a stable and prosperous industry.