Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira due to a mismatch between sales proceeds and crude oil purchase obligations in U.S. dollars.
The company stated that sales in Naira have exceeded the value of Naira-denominated crude received.
It assured that once the Nigerian National Petroleum Corporation (NNPC) allocates Naira-denominated crude, sales in Naira will resume.
The refinery also dismissed rumors of ticketing fraud, emphasizing the robustness of its systems.
