Dangote Refinery
16 Jun 2023
The House of Representatives has rejected the motion to suspend the license allegedly granted to Dangote Refinery as the sole importer of Petroleum Motor Spirit (PMS) also known as petrol.
5 Jun 2023
On Monday May 22, 2023, policymakers and captains of industries from across the world converged at the Lekki axis of Lagos state for the commissioning of the world’s Largest Single-Train 650,000 barrels-per-day petroleum refinery, built by Dangote Group.
4 Jun 2023
Nigeria started the business of oil refining with a simple hydro-skimming plant of 38,000 barrels per day (bpd) refinery built by Shell-BP, at Eleme, near Port Harcourt, in Rivers State in 1965. The plant was then wholly owned and operated by Shell-BP.
28 May 2023
To further bridge existing deficit in supply especially for African-Americans, a developer, Messrs Fatherland Global Corporation, has disclosed plan to build about 500 housing units in Lagos.
26 May 2023
African Refiners and Distributors Association (ARDA) said the new Dangote Refinery will reduce the import of high-sulphur fuels in Africa and enable the continent to address foreign exchange vulnerability.
23 May 2023
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the new Dangote refinery will address fuel shortage and price hikes in the country.
23 May 2023
The much-awaited Dangote Refinery was commissioned yesterday by President Muhammadu Buhari, promising a shift in the country’s energy economics as well as export-import relations. With an investment of $18.5 billion, the refinery is expected to revolutionise Nigeria’s economy and alter the course of history.
22 May 2023
Lagos State governor, Babajide Sanwo-Olu, has said Aliko Dangote contributed to the prosperity of Lagos and also Nigeria by his investments. Sanwo-Olu said this at the Commissioning of Dangote Refinery and Petrochemicals, in Ibeju-Lekki, Lagos on Monday, May 22. Sanwo-Olu described Dangote as a detribalised individuals who saw the wealth of the state and who…
22 May 2023
President Muhammadu Buhari on Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export. Speaking at the occasion attended by Heads of State from Ghana, Togo, Niger, Senegal and a representative of the President of Chad, the President described…
22 May 2023
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said the Dangote Oil Refinery is expected to generate 12,000 megawatts of electricity and over 135,000 permanent jobs. Emefiele said this on Monday at the official launching of the Dangote Oil Refinery in Lagos State by President Muhammadu Buhari. "Then, we insisted that under…
22 May 2023
Nigeria's President Muhammadu Buhari will on Monday commission an oil plant billed as Africa's largest oil refinery, after years of delays and a week before stepping down from office.
22 May 2023
President Muhammadu Buhari, who did not bring to reality his pledges of overhauling state-owned refineries in Port-Harcourt, Warri and Kaduna, will today commission Dangote Refinery as stakeholders count the gains of the facility.