Dangote Petroleum Refinery and Petrochemicals FZE has asked the Federal High Court in Abuja to void the import licenses issued to the Nigeria National Petroleum Corporation Limited (NNPC), Matrix Petroleum Services Limited, A. A. Rano Limited, and four other companies for the purpose of importing refined petroleum products that are already being produced by Dangote without shortfalls. A. Rano Limited, T. Time Petroleum Limited, 2015 Petroleum Limited, and Matrix Petroleum Services Limited. The refinery’s legal team stated that the plaintiff is greatly distressed, and its investments risk being jeopardized unless the court intervenes. The plaintiff sought an order of injunction restraining the 1st Defendant from further issuing and/or renewing import licenses to the 2nd to 7th defendants or other companies for the purpose of importing petroleum products.

Source: Nigerian Tribune October 22, 2024 00:53 UTC