Oil Marketers Urge NIMASA, NPA To Obey FG’S Directive On Naira Transactions - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
November 14, 2022
Second Vice Chairman, DAPPMAN, Mahmoud Tukur, who made the call, stated that despite the directive of government to NIMASA and NPA about a year ago, both agencies had yet to comply with allowing naira payments instead of collection of dollars.
The heads of the Nigerian Midstream and Downstream Regulatory Authority, NMDPRA, Nigerian National Petroleum Company Limited, NNPC, the Major Oil Marketers Association of Nigeria, MOMAN, and DAPPMAN had in November 2021 signed the deal.
The government, through its downstream regulator and based on the agreement among stakeholders, had directed that ports charges should be collected in naira. But since last year, both NIMASA and NPA had continued to collect the charges in dollars, according to DAPPMAN.