With The Removal Of Subsidy On Petrol In The Country, The Nigerian National Petroleum Company Limited (NNPC) Is Set To Discontinue Crude Oil Swap In Favor Of Cash Payments For Petrol Imports.

The Group Chief Executive Officer, Mele Kyari Revealed That The Country’s Plan To Eliminate Crude For Petrol Swap Will End As Soon As Local Refining Capacity Improves This Year With Government Refineries, Dangote Refinery As Well As Modular Refineries Coming On Stream.