Private sector to import product
Private sector to import product 26th March, 2021 Stephen U.C, Petroleum news Mele Kyari said the NNPC would soon stop being the sole importer of the product, thereby removing the burden of defraying the differentials occasioned by oil market price fluctuations. He said the Direct Sales, Direct Purchase (DSDP) arrangement would soon be phased out and importation of products opened up to private sector. Kyari stressed: “Upon the full implementation of the deregulation, we expect all oil marketing companies to commence import so that the burden of import will be taken away from the NNPC, which will not be...
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