Close Menu
The Reporters
  • Home
  • News
  • Politics
  • Crime
  • Health
  • Features
  • Economy
  • Environment
  • Entertainment
  • Business
  • Technology
  • Education
  • Sports
  • Tourism
  • Judiciary
  • Judiciary
  • Foreign
  • Agriculture
  • Religion
  • Weather
  • Banking
  • Labour
  • Faith
  • Advertisment
Facebook X (Twitter) Instagram
  • Home
  • Lifestyle
  • Travel
  • Buy Now
Facebook X (Twitter) Instagram Pinterest Vimeo
The Reporters
  • Home
  • News
  • Politics
  • Crime
  • Health
  • Features
  • Economy
  • Environment
  • Entertainment
  • Business
  • Technology
  • Education
  • Sports
  • Tourism
  • Judiciary
  • Judiciary
  • Foreign
  • Agriculture
  • Religion
  • Weather
  • Banking
  • Labour
  • Faith
  • Advertisment
Subscribe
The Reporters
Business

Motorists Praise Tinubu’s Directive for NNPCL to Sell Crude Oil to Refineries in Naira.

AdminBy AdminJuly 31, 2024Updated:July 31, 2024No Comments1 Min Read
Spread the love

By Dada Ahmed in Lokoja.


Photo credit: Business Day.
President Bola Ahmed Tinubu’s recent directive for the Nigerian National Petroleum Company Limited (NNPC) to sell crude oil to Dangote Refinery and other refineries in naira, rather than dollars, has been met with approval from motorists and other members of the public in Lokoja, Kogi State.

On Wednesday, commercial and private car owners, in interviews with our correspondent in Lokoja,expressed their support for the directive, hoping it will reduce fuel prices and consequently lower transportation costs and related expenses.

Mal. Saliu Mohammed, a commercial driver on the Lokoja-Okene route, called the president’s decision a significant relief, stating that it would help commercial drivers cope with high transportation costs and reduced passenger numbers.

Private car owners Mr. Emmanuel Alabi, Dauda Abdulkarim, and Alhaji Yahaya Ochu also praised the directive, noting it would reduce their fuel expenses and allow them to allocate funds to other social and economic needs.

Oil marketers expressed optimism that the directive would lower fuel prices nationwide, benefiting consumers and the overall economy.

Reports indicate that Nigeria could save approximately $7.32 billion in foreign exchange when NNPC starts selling crude oil to Dangote and other refineries in naira.

Visited 43 times, 1 visit(s) today
Previous ArticleYouth development, our priority – NEDC.
Next Article Photospeak: Kogi Youth Engagement Summit Commences in Lokoja.
Admin

Related Posts

Dangote Group Unveils Tech, Trade Push to Spur Growth in Kogi, Nasarawa

May 4, 2025

Niger State, Overland Airways Launch Daily Flights From Minna to Lagos, Abuja

April 19, 2025

Fuel Price Relief Expected as FG Extends Naira-for-Crude Oil Deal

April 10, 2025

Leave A Reply Cancel Reply

Recent Posts
  • Photo speak:The potential entrepreneur
  • IBB Mourns Mokwa Flood Victims, Pledges Support for Niger
  • Eid-al-Adha: Tinubu Urges Prayers for Troops Fighting Insurgency
  • Photo speak: Onion joins golden commodity in Lokoja
  • ABU Alumni Association,Kogi Branch Sets Up Publicity Subcommittee for Get-Together, Award Night
© 2025 The Reporters. Designed by Domo Tech Media .
  • Home
  • Contact Us
  • About Us
  • Posts
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.