The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it would compel international oil companies to make crude oil available to Dangote oil refinery.
This is in response to the claim by the Chairman of the Dangote Group that the international oil companies were not ready to sell crude to the refinery.
Olaide Shonola, spokesperson for the NUPRC who made it known said the commission was interceding to ensure the local sale of crude to Dangote and other refineries in the country.
“We’ve been intervening and intervening. I am sure you’re aware of a recent meeting that was held with them on domestic crude oil supply. We will keep engaging them, NUPRC has been doing that.
“I can’t say we will force them, but as the regulator, we can mandate. And that’s what we are doing, giving clear directives that this must be done. We will just keep on engaging and you will agree with me that most of these things have to be planned. We will keep on engaging. We will do our regulatory function in that area,” she stated.
Get instant and latest news updates via Our WhatsApp Community or Google News online channel.