LAGOS LAW REFORM COMMISSION ENGAGES TOURISM, AGRICULTURE MINISTRIES ON SECTORAL LAW REFORMS. (PHOTOS). #PRESS RELEASE.

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 LAGOS LAW REFORM COMMISSION ENGAGES TOURISM, AGRICULTURE MINISTRIES ON SECTORAL LAW REFORMS The Lagos State Law Reform Commission recently held consultative engagements with the Ministry of Tourism, Arts and Culture and the Ministry of Agriculture and Food Systems as part of ongoing efforts to review, modernise and harmonise sectoral laws for improved governance, institutional efficiency and sustainable development in Lagos State. The engagement with the Ministry of Tourism, Arts and Culture was initiated and led by the Executive Secretary of the Commission, Mrs. Oluyemisi Ogunlola.  The delegation was received by the Permanent Secretary of the Ministry, Princess Adebopo Oyekan-Ismaila, alongside relevant departmental and agency representatives. Speaking during the session, Mrs. Ogunlola stated that the engagement was convened to examine grey areas in the draft legal framework proposed by the Ministry and its agencies, particularly issues relating to overlapping responsibilit...
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NNPCL SETS RECORD STRAIGHT ON CRUDE OIL CONSTRACT WITH DANGOTE REFINERY. (PHOTO)

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The Nigerian National Petroleum Company Limited (NNPCL) has clarified reports circulating on social media about the alleged termination of its crude oil sales agreement in Naira with Dangote Refinery. According to Olufemi Soneye, NNPCL's Chief Corporate Communications Officer, the contract was a six-month agreement set to expire at the end of March 2025, with discussions ongoing for a new contract.


Under this arrangement, NNPCL has supplied over 48 million barrels of crude oil to Dangote Refinery since October 2024, with a total of over 84 million barrels supplied since the refinery's operations began in 2023.


NNPCL remains committed to supplying crude oil for local refining based on mutually agreed terms and conditions. The Federal Executive Council (FEC) had directed NNPCL to sell crude oil to Dangote Refinery and other local refineries in Naira, aiming to reduce the strain on Nigeria's foreign exchange and stabilize fuel prices.

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