Currently, over 300 trucks owned by the Nigerian National Petroleum Company Limited (NNPCL) are stationed at the Dangote refinery in anticipation of the planned petrol loading scheduled for Sunday.

Olufemi Soneye, the spokesperson for the NNP, confirmed this information via a video posted on his X account on Saturday.

He noted that by Saturday afternoon, NNPCL had already dispatched more than 100 trucks, with additional vehicles on their way.

Earlier, the Presidential Committee overseeing the Sale of Crude Oil and Refined Products announced that the initial petrol loading from the Dangote Refinery would begin on Sunday, September 15.

Zacch Adedeji, a committee member and Chairman of the Federal Inland Revenue Service (FIRS), made this announcement in Abuja on Friday.

During a press briefing, Adedeji stated that starting October 1, NNPCL would begin supplying approximately 385,000 barrels per day (kbpd) of crude oil to the Dangote Refinery, with payments to be made in Naira.

"I am pleased to announce that all agreements have been finalized, and the loading of the first batch of PMS from the Dangote Refinery will commence on Sunday, September 15," Adedeji remarked.

He further explained that the Dangote Refinery would provide PMS and diesel of equivalent value to the domestic market, also payable in Naira.

Additional agreements reached by the committee include the sale of diesel in Naira by the Dangote Refinery to any interested buyer, while PMS will exclusively be sold to NNPC.

"From October 1, NNPC will start supplying about 385kbpd of crude oil to the Dangote Refinery, with payments made in Naira.

In exchange, the Dangote Refinery will deliver PMS and diesel of equivalent value to the domestic market, also payable in Naira.

Diesel will be available for sale in Naira by the Dangote Refinery to any interested off-taker, while PMS will be sold solely to NNPC, which will then distribute it to various marketers. All related regulatory costs will also be settled in Naira."

This agreement is anticipated to alleviate the significant petrol shortage across the nation and potentially stabilize the soaring prices.