The Federal Government says it has commenced sales of crude oil and other refined products in naira. It said the initiative commenced on October 1, 2024 without providing further details on the contractual agreement signed and pricing of the product. The Ministry of Finance disclosed this in a post on its X handle (formerly Twitter)

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Crude-for-naira sales commenced October 1

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The sale in Naira takes effect from 1 October, the Federal Ministry of Finance said. The post Nigerian govt commences crude oil sales in Naira appeared first on Premium Times Nigeria.

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Nigerian govt commences crude oil sales in Naira

The Federal Government has announced that it has started selling crude oil and other refined products in naira to Dangote and other refineries in Nigeria.

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FG confirms date crude-for-naira deal with Dangote Refinery, others began

Tribune Online FG begins crude oil sales in Naira to Dangote The Federal Government has officially commenced the sales of crude oil and refined petroleum products in Naira. The Minister of Finance and Coordinating Minister of the Economy announced that, in line with the Federal Executive Council (FEC) directive, the sale of crude oil and refined petroleum products in Naira has officially commenced as of October […] FG begins crude oil sales in N…

Tribune Online

FG begins crude oil sales in Naira to Dangote

The federal government has officially announced the commencement of crude oil sale to Dangote Refinery, other local refineries in the local currency, naira on October 1, 2024.   The post FG begins sales of crude oil to Dangote refinery, others in naira   appeared first on Nairametrics.

Nairametrics

FG begins sales of crude oil to Dangote refinery, others in naira

The Nigeria Government has announced that Nigeria has officially begun selling crude oil and refined petroleum products in naira. In a statement on Saturday, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, confirmed that the sale of these products in naira commenced on October 1, following a directive from the Federal Executive Council (FEC). “After a meeting of the Implementation Committee, chaired by the Honourable Min…

News Central - Latest Africa News

Sale of Crude Oil, Refined Petroleum Products Now in Naira

By Aduragbemi Omiyale The federal government has confirmed the commencement of the crude-for-Naira sales to Dangote Refinery and other local refineries in Nigeria on Tuesday, October 1, 2024, as earlier planned. Recall that earlier, the owner of the facility in the Lekki area of Lagos, Mr Aliko Dangote, cried out over an alleged attempt by […]

Business Post Nigeria

FG Confirms Commencement of Crude-for-Naira Sales to Dangote Refinery

The Hon. Minister of Finance and Coordinating Minister of the Economy announced that, in line with the Federal Executive Council (FEC) directive, the sale of crude oil and refined petroleum products in Naira has officially commenced as of October 1st, 2024. Following a meeting of the Implementation Committee, chaired by the Hon. Minister of Finance and Coordinating Minister of the Economy on October 3rd, 2024, to conduct a post-commencement revi…

Roving Naija

Sale of Crude Oil and Refined Products In Naira Commences

Nigeria’s Naira-for-Crude Sale Deal with Dangote Refinery Commences The Nigerian government has officially launched its Naira-for-crude sale deal with Dangote Refinery, as announced by Minister of Finance, Wale Edun, on October 1, 2024. The development comes after the Federal Executive Council (FEC) directive, which aimed to ensure the stability of the price of Petrol in [...]

mediatalkafrica.com

Nigeria Starts Naira-for-Crude Oil Sale with Dangote Refinery

October 05, (THEWILL) – Nigeria has officially commenced the sale of crude oil and refined petroleum products in Naira. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced this in a statement signed on Saturday, by Mohammed Manga, Director, Information and Public Relations at the Ministry. According to the Minister, crude oil […]
The post Nigeria Commences Crude Oil Sales In Naira appeared first on THEWILL NEWS MED…

Crude-for-naira sales commenced October 1

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