Photo Caption:Finance Minister,Wale Edun presiding over the Meeting
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, Monday led a crucial meeting on ways to implement President Tinubu’s directive for the Nigerian National Petroleum Corporation Limited (NNPCL) to sell crude oil to local refineries in Naira.
According to the post disclosed by the Federal Ministry of Finance official X handle, the initiative aims to strengthen the domestic economy and support the sustainable operations of local refineries, including the Dangote Refinery.
The post reads:“On Monday morning the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, led a key meeting aimed at implementing President Tinubu’s directive for the Nigerian National Petroleum Corporation Limited #nnpclimited to sell crude oil to local refineries in Naira. This initiative is intended to strengthen the domestic economy and support the sustainable operations of local refineries, including the Dangote Refinery.
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“The meeting brought together important stakeholders, including #senlokpobiri Minister of State for Petroleum Resources (Oil); #MKKyari , Group Chief Executive Officer of NNPCL; Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service #FIRSNigeria Mrs. Lydia Jafiya, Permanent Secretary of the Ministry of Finance; and other notable participants.
“During the in-depth discussions, which underscored longstanding challenges within the petroleum sector, the Honourable Minister expressed strong confidence in the collaborative efforts of all stakeholders to achieve the directive’s objectives.”
Source:X| FinMinNigeria
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