The Nigerian National Petroleum Company (NNPC) Limited has announced the termination of its crude-for-petrol swap deals, known as Direct Sale Direct Purchase (DSDP) contracts, with foreign refiners and traders. In an interview with Reuters, Mallam Mele Kyari, the Group Chief Executive Officer of NNPC, disclosed that the company will now make cash payments for petrol imports. He further revealed that Nigeria’s private oil marketing companies may import petrol as early as this month.

The decision to terminate the DSDP contracts is part of a broader plan by the Nigerian government to deregulate the petrol market and alleviate the ......

https://ratecaptain.com/nnpc-terminates-crude-for-petrol-swap-deals-embraces-cash-payments-for-imports/

Can you imagine d radarada them we have always had at the helms of affairs all the while, giving out a full cow for swap of the same cow's intestines only back cos we are unfortunate to have our own abattoir

Nigeria gradually reforming herself. I'm sure Asiwaju administration will correct a lots of mis-normal and Nigeria will be great once again.