Nigeria, March 19 -- Dangote Petroleum Refinery has temporarily halted the sale of petroleum products in Naira due to a mismatch between sales proceeds and crude oil purchase obligations in U.S. dollars.

The company stated that sales in Naira have exceeded the value of Naira-denominated crude received.

It assured that once the Nigerian National Petroleum Corporation (NNPC) allocates Naira-denominated crude, sales in Naira will resume.

The refinery also dismissed rumors of ticketing fraud, emphasizing the robustness of its systems.

Published by HT Digital Content Services with permission from The News Chronicle....