Human rights lawyer Femi Falana has revealed that former President Umaru Yar’Adua stopped the sale of the Port Harcourt and Kaduna refineries because his predecessor, Olusegun Obasanjo, did not follow due process. According to Falana, a consortium led by Dangote Oil had offered to buy the Port Harcourt and Kaduna refineries but the late Yar’Adua…

The Nigerian National Petroleum Company Limited (NNPCL) has invited former President Olusegun Obasanjo to embark on a tour of the Port Harcourt Refinery (PHR) following his earlier criticism. NNPCL offered the invitation to Obasanjo on Thursday in a statement signed by the company's Chief Corporate Communications Officer (CCCO), Olufemi Soneye. Soneye was responding to Obasanjo’s…

Former President Olusegun Obasanjo says the Nigeria National Petroleum Company (NNPC) once rejected Aliko Dangote’s $750m offer to manage and end Nigerian refineries' woes through a public-private partnership. Recounting failed efforts to privatise the country’s refineries and the subsequent financial losses under government management on ChannelsTV, Obasanjo revealed that his successor had refunded Dongote's money…

Former Vice President Yemi Osinbajo, Africa’s richest man Aliko Dangote, Afrobeats star Ayra Starr, and a host of other Nigerians have made it to New African magazine’s 100 Most Influential Africans of 2024 list. The list, released today, December 27, 2024, celebrates Africans who have made contributions in various fields, from politics and business to…

The Senate has praised Dr. Aliko Dangote's quest to put Nigeria on the global map by creating a heavy-duty truck assembly plant.

Dangote Petroleum Refinery on Thursday reduced the price of its Premium Motor Spirit (PMS) product to N900 per litre, calling it a “Holy Bonanza.” This will be the second time the 650,000 barrel-per-day refinery has reduced its wholesale price, following a reduction weeks ago from N990 per litre to N970. The current reduction also aligns…

The Nigerian National Petroleum Company Limited (NNPC) has revealed that its $1 billion crude-backed loan was pivotal in establishing the Dangote Refinery, the country’s first private refinery, located in Lagos. Speaking at an energy stakeholders’ engagement in Abuja, NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, described the investment as a cornerstone of the project’s success…

The Niger State government has promised to allocate 200 hectares of land each to Dangote and BUA Groups to establish factories at its proposed free trade zone to fast-track development and provide employment opportunities to the people.

Dangote Cement has presented a cheque of N16,215,000 in scholarships to 120 indigent students in Ogun State as part of activities to mark its 2024 Community Day. The Guardian reports that the firm is based in Yewa North Local Government Area of Ogun State. The company further disclosed its commitment to improving the lives of…

The Federal Government has reaffirmed its dedication to eliminating tuberculosis (TB) through robust multi-sectoral collaborations, private sector engagement, and international partnerships. The Minister of Health and Social Welfare, Prof. Ali Pate, gave the assurance at the National Tuberculosis (TB) Conference, on Tuesday in Abuja. Pate lauded ongoing efforts to mobilize resources and deploy innovative strategies…

The Benue State government has hailed the resolve by the Dangote Cement’s Gboko plant to scale up its corporate social responsibility to the host communities. Commissioner for Humanitarian Affairs and Disaster Management, Aondowase Kunde, described the initiative as “laudable.” To formalise its resolve, the cement plant, had on Wednesday before community leaders, traditional rulers, elders…

Following the erroneous belief in some quarters that the Port Harcourt refinery, which has just been revived by the NNPCL after a 33-year hiatus, is not operational, the National President of the Nigeria Society of Chemical Engineers, Tony Ogbuigwe, in an interview with Sola Richards, dismisses the rumour while affirming that he refinery is indeed…