The Dangote Petroleum Refinery has received additional crude oil supply from the Federal Government as it was gathered on Friday

Nigeria's state oil company, NNPC, has initiated talks with Dangote Oil Refinery to extend their existing supply contract for naira-based crude oil. The original six-month agreement, set to conclude this month,

Nigeria's state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying crude oil in the naira currency, the company said.

Though the six-month naira for crude deal is soon to come to an end, the policy framework on which it is based is still in place, and supply will continue.

Limited has confirmed ongoing negotiations for a new naira-for-crude deal with Dangote Petroleum Refinery. ・NNPC is negotiating a new naira-for-crude deal with Dangote Petroleum Refinery. ・The initial agreement with Dangote Refinery was a six-month contract set to expire in March 2025.

The Nigerian National Petroleum Company Limited has provided clarification to its naira to crude swap agreement with Dangote refinery and other local refineries.

The Nigerian National Petroleum Company Limited, NNPCL, has denied terminating its naira-for-crude sale deal with Dangote Refinery. The spokesperson for NNPCL, Olufemi Soneye, made this clarification in a statement on Monday.