The Nigeria Export Processing Zones Authority, NEPZA, says it is partnering the Federal Government’s One-Stop-Shop Committee on the Sale of Crude in Naira, and the Dangote Refinery and Petrochemicals Free Zone Enterprise to jointly implement President Bola Tinubu’s directive to crash domestic prices of petroleum products.
A statement by NEPZA’s Head of Corporate Communications, Dr. Martins Odeh, said the partnership was cemented during a courtesy visit by members of the Committee to NEPZA’s Managing Director, Dr. Olufemi Ogunyemi, on Tuesday in Abuja.
The Federal Government had inaugurated the committee to create a seamless, coordinated framework that would facilitate the sale of crude oil to local refineries, particularly the Dangote Refinery, using naira instead of foreign currency.