Some indigenes have asked Governor Babajide Sanwo-Olu to clarify details of the Lekki Free Trade Zone land sold to Aliko Dangote, owner of the Dangote Refinery. The oil mogul had, during a visit by the leadership […]
“In terms of quality, when we started, our quality was about six hundred to six fifty ppm, the ppm was one of the best in terms of quality at the time we started. But as […]
President Tinubu offers lifeline to Dangote Refinery, NNPC to sell crude to it in Naira. To ensure the stability of the pump price of refined fuel and the dollar-Naira exchange rate, the Federal Executive Council […]
Many depots for Premium Motor Spirit, popularly called petrol, are currently dry, leading to fuel scarcity and attendant queues in Lagos, Ogun, parts of Abuja, Niger, and some other states across the country. The PUNCH […]
The Arewa Youth Assembly, AYA, has pleaded with billionaire businessman, Aliko Dangote to respect and obey Nigerian National Petroleum Company Limited, NNPCL as the country’s regulatory body. The group reminded Dangote that before the establishment of […]
Arewa Youth Assembly has urged Dangote Refinery’s Chief Executive Officer (CEO), Aliko Dangote, to comply with guidelines and standards of Nigerian National Petroleum Company (NNPC) Limited as the country’s regulatory body for the oil and […]
The Dangote Petroleum Refinery, Nigeria‘s largest, is taking the unusual step of reselling crude oil cargoes from the United States and Nigeria due to technical challenges at the plant. Despite commencing production in January 2024, the refinery […]
Femi Otedola shares a postbon the Dangote saga by Akinwumi Adesina, the President of the African Development Bank. This whole issue on Dangote is shocking and creating bad waves for Nigeria globally. – Akinwunmi Adesina […]
The truce meeting brokered by the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, to resolve the heated dispute between the Dangote Refinery on one hand and state-run entities, the Nigerian National Petroleum Company […]
Former presidential candidate of the Labour Party, Peter Obi, has said the Dangote Refinery should be fully supported and not vilified adding the success of Dangote is linked to the success of Nigeria and Africa […]
Aliko Dangote, chairman of Dangote Industries Limited, has alleged some personnel of Nigerian National Petroleum Company (NNPC) Limited, oil traders and terminals have opened a blending plant in Malta. Dangote spoke at the house of […]
The Group Chief Commercial Officer at Dangote Industries Limited, Rabiu Umar has said the Nigerian government neglected Dangote Refinery to export crude oil to Indonesia and import finished products from the same country. Umar disclosed […]
Minister of State Petroleum Resources [Oil] Hosts Crucial Meeting with Dangote, NMDPRA, NUPRC, and NNPC Leadership Distinguished Senator Heineken Lokpobiri @senlokpobiri, the Honourable Minister of State Petroleum Resources [Oil], convened a high-level meeting with key […]
Aliko Dangote, President of the Dangote Group, revealed over the weekend that Dangote Petroleum Refinery has continued to receive repeat orders for its products from all customers who have purchased them since production began. So […]
The House of Representatives has called on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), billionaire businessman Aliko Dangote, and oil marketers to refrain from making public accusations against each other, using the media. […]
The President of Dangote Group, Aliko Dangote, has disclosed that his friend who earlier warned him against investing in Nigeria is now taunting him for ignoring his advice. Dangote disclosed this in an interview with PREMIUM […]
Dangote refinery is in talks with Libya to secure crude for the 650,000 barrels per day plant and will also seek Angolan oil, a Senior Executive, Devakumar Edwin, said at the weekend, as it seeks […]
Africa’s richest man, Aliko Dangote, is willing to sell his multi-billion-dollar oil refinery to NNPC Limited, Nigeria‘s state-owned energy company, amid unresolved differences with the federal government. The 650,000 barrel-per-day refinery, which began operations last […]
Aliko Dangote, Africa’s richest man, asserted on Saturday that his $20 billion refinery at the Lekki Free Trade Zone was built without any incentives from the Nigerian government. This statement was made during a visit […]
Farouk Ahmed, the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has cautioned Nigerians against over-dependence on products from the Dangote refinery. Ahmed highlighted concerns over the consistency and standardisation of […]
The Dangote Industries Limited (DIL) said local petrol prices will continue to increase as trading arms offer cargoes at $2-$4 per barrel above the Nigeria… The Dangote Industries Limited (DIL) said local petrol prices will […]
Dangote Petroleum Refinery is set to import a cargo of Brazilian crude, Bloomberg is reporting. On Friday, the publication said this adds to the large number of overseas barrels of crude feedstock that Nigeria is […]
The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has revealed that the Nigerian National Petroleum Corporation (NNPC) Limited no longer owns a 20% stake in Dangote Refinery. Dangote disclosed this during a press […]
President Bola Tinubu on Thursday inaugurated the Presidential Economic Coordination Council (PECC) tasked with strategising a way out of the current economic situation in the country. The Council has a mix of government officials, top […]
President of the Dangote Industries Limited, Mr Aliko Dangote, says Nigeria has all it takes to turn its economy around within months. He stated this on Thursday while briefing State House reporters after President Bola […]
Experts have indicated that the commencement of production at the Dangote Petroleum Refinery may not lead to a substantial decrease in petrol and diesel prices. Despite the refinery’s strategic location in Lagos, Nigeria, the input […]
The Dangote Refinery is set to export a shipment of low-sulfur straight-run fuel oil (LSSR) from Nigeria to Singapore this week. The information is based on ship tracking data and market sources, indicating that this […]
The President of the Dangote Group, Alhaji Aliko Dangote, says it is expanding the storage capacity of his refinery by 600 million litres. This, according to him, will enable the refinery to have a storage capacity of […]
Aliko Dangote has revealed that local and foreign mafia tried several times to sabotage his $19 billion refinery from coming to life. Dangote made this revelation while speaking at the Afreximbank annual meetings (AAN) and […]
Says cartel in oil industry stronger than global drug mafia Lauds Afreximbank, Access Bank, AFC for support, argues foreign banks not interested in African devt Discloses own refinery to serve as Nigeria‘s strategic reserve Africa’s […]
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