The Dangote Group has denied a report that it has filed a fresh case in court against Nigeria National Petroleum Corporation Limited (NNPCL) and five other companies in a bid to stop them from importing refined petroleum products.
A statement by Anthony Chiejina, the Group Chief Branding and Communications Officer, Dangote Group, said that the report made reference to an old issue that has, since the intervention of President Bola Tinubu, been put on hold pending final resolution before the adjourned date of January 2025.
He said that this “is an old issue that started in June and culminated in a matter being filed on September 6, 2024.
“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.”
