ICPC WRITES TO CONFIRM THAT IT RECEIVED A FORMAL PETITION TODAY TUESDAY 16TH DECEMBER, 2025 FROM ALHAJI ALIKO DANGOTE THROUGH HIS LAWYER. (PHOTO). #PRESS RELEASE

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 INDEPENDENT CORRUPT PRACTICES AND OTHER RELATED OFFENCES COMMISSION (ICPC) Tuesday 16th December, 2025 MEDIA RELEASE The Independent Corrupt Practices and Other Related Offences Commission (ICPC) writes to confirm that it received a formal petition today Tuesday 16th December, 2025 from Alhaji Aliko Dangote through his lawyer. The petition is against the CEO of the NMDPRA, Alhaji Farouk Ahmed. The ICPC wishes to state that the petition will be duly investigated. John Okor Odey  Spokesperson  ICPC
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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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