The management of Dangote Refinery has denied recent reports alleging that it has initiated new legal action against the NNPC and other companies concerning import licenses.
In a statement released on Monday by Anthony Chiejina, Group Chief Branding and Communication Officer of Dangote Industries Limited, the company clarified that the matter had its origins in June, culminating in a case filed on September 6, 2024.
CLARIFICATION ON LEGAL MATTER
The statement emphasized that the issue is outdated due to President Bola Ahmed Tinubu’s directive on the crude oil-for-naira initiative, which has shifted the focus of discussions.
“The parties are currently in discussion following the directive on Crude Oil and Refined products sales in Naira Initiative, approved by the Federal Executive Council (FEC),” the statement noted.
Dangote Refinery asserted that no party has been served with court processes, and there is no intention to pursue legal action further. They also mentioned that there have been no court orders made and no adverse effects on any party involved.
PROGRESS AND NEXT STEPS
“We have made tremendous progress in that regard, and events have overtaken this development,” the statement added. The company anticipates that once the matter is reviewed in January 2025, they will be in a position to formally withdraw the case from court.
This clarification aims to dispel any misconceptions regarding ongoing legal proceedings and highlight the cooperative discussions among the involved parties.