Minister of Finance discusses progress on local crude sales initiative

Edun highlighted the significant investment by the Dangote Group in a local refinery with a capacity of 650,000 barrels per day, which has been crucial for the initiative’s success. He noted that the implementation committee, in collaboration with various stakeholders—including regulatory bodies such as NNDPRA, NUPRC, NIMASA, NNPC, NPA, and the Navy—has been diligently working to ensure the initiative is effectively executed.

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