Monday, December 23, 2024

BREAKING: FEC approves sale of crude oil to Dangote, others in Naira

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The Federal Executive Council (FEC) has approved the sale of Crude oil to Dangote Refinery and other local Refineries in Naira instead of Dollars.

This was disclosed to State House Reporters by the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji.

The FIRS boss, while addressing state House Reporters said by the approval, refined products of the refineries will be sold to Marketers for local consumption.

Details later…

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