Six companies have been granted approval by the administration of President Bola Tinubu to import petroleum products into the Country.
The approval was announced by the Managing Director of Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDRA), Farouk Ahmed while speaking to state correspondents at the Presidential Villa.
Ahmed, who stated that apart from the approved six, several companies applied for a permit to import petroleum in due course debunked insinuation that the Nigerian National Petroleum Company Limited (NNPCL) had given approval to Dangote Group to import petroleum.
Stressing that the NNPCL has no powers to give such approval as insinuated, he further noted that there are several companies that applied for fuel importation permit,saying it’s an open system that encourages anyone to show interest.
Ahmed said, “There are six companies who said they want to import fuel in July. Of course, all the others may import in December in November, or anytime but those who expressed interest to bring in fuel in July there were six of them as of this morning.
“The beauty of it is that there are interests which means that they have been able to have access to foreign exchange in order to import.
Ahmed revealed that NNPCL has 30 days fuel sufficiency and the body doesn’t expect any gap in supply or distribution.
“Now, as we go along, of course, we’ll be briefing you on the progress or the achievements so far”