The NNPCL decided to wind down its Direct Sale Direct Purchase (DSDP) contracts after the recent 300% PMS price increase. All the fuel subsidy claimed from 2020-2023 had originated from PMS imported under DSDP contracts.
Although exact figures and terms of reference remain a secret as transparency and accountability concerns cloud the Direct Sale Direct Purchase (DSDP) arrangement of the Nigerian National Petroleum Company Limited...
12 Feb 2022
There are strong indications that excessive and unfair profit seeking practice by some contractors handling Nigeria National Petroleum Corporation (NNPC) Limited crude-for-fuel swap contracts may be the reason off-spec petroleum...
3 Mar 2021
The House of Representatives has resolved to investigate the allocation of crude oil under the Direct Sale Direct Purchase (DSDP) scheme.