FACT CHECK: Did NNPC Suspend Naira-For-Crude Sale With Local Refiners?

      Words like suspension and termination have been used by a section of the media to describe a six-month contract billed to expire at the end of March 2025     A section of the Nigerian media was on Monday awashed with a report that the Nigerian National Petroleum Company Limited (NNPC Ltd) has suspended the naira-for-crude contracts with local refineries. The report published by BusinessDay and a few online newspapers claimed that the said decision affected refiners, “including Dangote Refinery and other private operators.” The decision, which…

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