The Dangote Group has debunked reports that it has filed a fresh suit against NNPCL and others seeking to nullify their oil import licences.
Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote said on the company’s X handle Monday night that “events have overtaken” the reports which went viral earlier on Monday.
According to Chiejina: “This is an old issue that started in June and culminated in a matter being filed on September 6, 2024
Chiejina revealed that “Currently, the parties are in discussion since the President Bola Tinubu’s directive on Crude Oil and Refined products sales in Naira Initiative, which was approved by the Federal Executive Council (FEC).
“We have made tremendous progress in that regard and events have overtaken this development.
“No party has been served with court processes and there is no intention of doing so. We have agreed to put a halt to the proceedings.”
“It is important to stress that no orders have been made and there are no adverse effects on any party.
“We understand that once the matter comes up January 2025, we would be in a position to formally withdraw the matter in court.”
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