Dangote
29 Oct
National Petroleum Authority of Ghana says it is proposing to import refined petroleum products from Dangote Refinery to boost its energy security and sustain business cooperation with neighbours. Dr Mustapha Abdul-Hamid, Chief Executive Officer, NPAG, said this at the 2024 OTL Africa Downstream Energy Week on Tuesday in Lagos. Speaking as one of the panelists,…
27 Oct
The Publicity Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Ukadike Chinedu, says that the scarcity of fuel being presently experienced will soon be over. Chinedu told the News Agency of Nigeria (NAN) that the shifting of the supply chain was the cause of the scarcity in the country, adding that in a few…
20 Oct
President of the Dangote Group, Alhaji Aliko Dangote, Governor Babagana Zulum of Borno State and National Chairman of the All Progressives Congress (APC), Dr. Umar Ganduje have expressed their condolences to the people of Jigawa and the state government as the death toll in a tanker explosion in the state exceeded 174. Already, various leaders…
17 Oct
Nigerian billionaire business mogul, Aliko Dangote, has stormed back to the top as Africa's richest person after recently losing the top spot to South African billionaire, Johan Rupert. This comes after his long-awaited Nigerian oil refinery is up and running. Many believed his initial drop as the richest man was due to the construction of…
8 Oct
President of the Dangote Group, Aliko Dangote, has revealed that the Dangote Refinery was built without any incentives or support from the government. He stressed that to achieve the vision of turning Nigeria into a vital hub for the region, investors need to be incentivized. Dangote, who was represented by the Group's Executive Director, Engr.…
30 Sep
The Conference of Nigerian Political Parties (CNPP) has expressed concern about the lingering controversy surrounding the pricing of petrol from the Dangote Refinery and the role of the Nigerian National Petroleum Company Limited (NNPCL), urging the Federal Government to resolve the logjam. According to the CNPP, the apparent crisis has far-reaching implications for the economy,…
25 Sep
The Federal Government on Wednesday exonerated itself from the petrol pump price squabble between the Nigeria National Petroleum Company Limited (NNPCL) and private refinery, Dangote Refinery. The government said both parties were at liberty to determine their market prices for consumers. This position was revealed by Special Adviser on Information and Strategy, Bayo Onanuga, during…
24 Sep
Aliko Dangote, President and Chief Executive of Dangote Group, has urged the Federal Government to eliminate fuel subsidies entirely, noting that removing subsidies would enable the accurate assessment of petrol consumption in Nigeria. During an interview with Bloomberg Television in New York on Monday, Dangote confirmed ownership of two oil blocks in the upstream sector,…
23 Sep
The Dangote Industries Limited (DIL) paid a condolence visit to the Gboko community, Mbayion, the immediate host community of its Gboko plant as well as the family of Aboy Ka-Amua, the youth who was killed by a trigger-happy soldier recently. The team from Dangote comprised top management personnel from the corporate headquarters and was led…
16 Sep
Doctors and Port Harcourt residents have urged the Federal Government to review its economic policies and fix the nation's refineries to cushion the harsh effects of the subsidy removal on the people. They regretted that the onboarding of Dangote refinery ignited rays of hope for Nigerians amidst economic hardships but expressed sadness that Dangote petrol…
16 Sep
The Nigerian National Petroleum Company (NNPC) Limited has said it paid in dollars for the purchase of premium motor spirit (PMS), from the Dangote Petroleum Refinery. NNPCL spokesman Olufemi Soneye in a statement, however, revealed that the Dangote Refinery was paid "in USD for September 2024 PMS offtake, as Naira transactions will only commence on…
15 Sep
A fleet of trucks from the Nigerian National Petroleum Corporation Limited (NNPCL) on Sunday commenced loading Premium Motor Spirit (PMS), commonly known as petrol, at the Dangote Refinery in Ibeju-Lekki, Lagos State. Footage shared on the Dangote Group's X handle showed the trucks arriving at the refinery. The post announced, “First set of trucks set…