By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: It’s Shameful We Can’t Supply Dangote Refinery Crude Oil To Refine – NUPRC
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | It’s Shameful We Can’t Supply Dangote Refinery Crude Oil To Refine – NUPRC

BusinessNews

It’s Shameful We Can’t Supply Dangote Refinery Crude Oil To Refine – NUPRC

Daily Report Nigeria
Daily Report Nigeria
Published: June 15, 2025
Last updated: June 15, 2025
3 Min Read
Share
Dangote Refinery Misses Production Date
Aliko Dangote
SHARE

Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has decried the inability of Dangote Refinery and domestic refineries to get crude oil supply despite the country’s huge reserves.

The Chief Executive o NUPRC stated this on Wednesday in Abuja during the meeting with operators of domestic refineries.

According to him: “it is going to be a matter of national shame if we cannot meet our domestic crude obligations to step up our refining capacity,” stressing that the 650,000 barrels per day Dangote refinery was ready and should be provided with crude.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

He said, “Good enough we have the largest refinery in Africa, the Dangote refinery. It is ready to commence operations. We’ve received a request from the refinery to guarantee feedstock to the 650,000 barrels refinery, and we believe that as a nation, it will be a shame if we cannot meet the refinery’s feedstock.

Komolafe stressed that the domestic refining of crude would impact positively on the pump prices of refined petroleum products in the country.

“We are a nation with a huge crude oil reserve, about 38 billion barrels. So we are blessed as a nation, but despite the crude oil reserves I mentioned, we are a net exporter of crude oil and a net importer of refined products.

Also Read: Kaduna Refinery Will Begin Production 2024 Ending— FG

“And from the data, we are all aware of, our inability to meet our domestic refining obligation has impacted negatively on the state of our economy, given the number that we roll out in terms of under-recovery that we incurred during the fuel subsidy regime.

“We all understand that if we can meet our domestic refining obligations, we will be able to impact mainly on some of the attendant costs in pricing the refined products.

“So it behoves on us all as an industry to find a way to make Nigeria a net exporter of refined products, and that is the issue that we gather here to address,” he stated.

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Daily Report NgDangote RefineryTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Mbappé Withdraws Legal Feud with PSG, Demands €55M Payout | Daily Report Nigeria
Mbappé Withdraws Legal Feud with PSG, Demands €55M Payout
Sports
President Trump Slams Nigeria with 10% Tariff Over BRICS Alignment | Daily Report Nigeria
President Trump Slams Nigeria with 10% Tariff Over BRICS Alignment
News
NiMet Warns of Flash Floods in Lagos, Sokoto, Benue, Others | Daily Report Nigeria
NiMet Warns of Flash Floods in Lagos, Sokoto, Benue, Others
News
Osimhen Finally Commits to Galatasaray in Permanent Deal After Long Wait | Daily Report Nigeria
Osimhen Finally Commits to Galatasaray in Permanent Deal After Long Wait
Sports
Tantita’s Detractors Responsible For Oil Theft, Insecurity in Niger Delta - Igere
Tantita’s Detractors Responsible For Oil Theft, Insecurity in Niger Delta – Igere
News

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

BREAKING: Court Stops NBC From Imposing Fines on TV, Radio Stations | Daily Report Nigeria
News

BREAKING: Court Stops NBC From Imposing Fines on TV, Radio Stations

June 14, 2025
Harford Oseke: Anambra Assembly Mourns Former Deputy Speaker | Daily Report Nigeria
Politics

Harford Oseke: Anambra Assembly Mourns Former Deputy Speaker

June 14, 2025
Tinubu Announces Date Port Harcourt Refinery Will Commence Operations
Business

NNPC Faces Backlash Over Alleged Lies About Port Harcourt Refinery Operations

June 7, 2025
Lockdown: Travel Activities Resume in Europe as Ban is Lifted | Daily Report Nigeria
News

Lockdown: Travel Activities Resume in Europe as Ban is Lifted

June 13, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?