The Nigerian National Petroleum Company Limited (NNPC) has announced its plan to commence the exportation of petroleum products by December 2024.
This was disclosed by Mele Kyari, the group chief executive officer of the NNPC Limited, at the National Assembly on Monday, June 15.
Speaking to economic stakeholders, Kyari expressed optimism that when government refineries begin to work, Nigeria will not need to import petrol again, Punch reports.
His words:
He added that in a few months, the country’s oil production level would hit 2 million barrels daily, as all the enablement had already been implemented.
On the government refineries, he mentioned,
Earlier, TimesNow.com.ng reported that Dangote, in a chat with journalists, confirmed that petrol production had already begun.
The billionaire also revealed that petrol sales to marketers would commence from August 2024.
The refinery is expected to help reduce petrol prices from the current rate of over N700.
Proofread by Kola Muhammed, journalist and copyeditor at TimesNow.com.ng
Source: TimesNow.com.ng
