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The Federal Executive Council (FEC) has approved a proposal for the state oil company, NNPC Ltd, to begin selling crude oil in naira to the Dangote refinery, and to other refineries. FEC approved NNPC Ltd to sell crude oil in naira to Dangote refinery and other refineries.Dangote refinery previously faced challenges in accessing locally produced crude oil on fair terms.Afreximbank and settlement banks will facilitate the trade between Dangote and NNPC.The Federal Executive Council (FEC) has approved a proposal for the state oil company, NNPC Ltd, to begin selling crude oil in naira to the Dang…

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