The Dangote Refinery is set to begin supplying 25 million liters of petrol daily to the Nigerian market starting September 2024, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The refinery is now poised to supply an initial 25 million liters of PMS into the domestic market this September. And will subsequently…
The President of Dangote Group, Aliko Dangote, has revealed that the Premium Motor Spirit (Petrol) will be available in the Nigerian market in 48 hours, depending on the Nigerian National Petroleum Company Limited. The African richest man disclosed on Tuesday an interview with Channels Television while officially announcing first the rollout of Petrol from its…
Dangote Petroleum Refinery is currently conducting test runs for petrol production, with expectations for full operations to begin by mid-September, according to a report by Reuters. The report Indicates that the timeline may be subjected to further delay based on notes on Wednesday by IIR Energy, an oil Industry monitor. IIR informed its clients that…
Oil producers under the aegis of the Independent Petroleum Producers Group have told the Nigerian National Petroleum Company Limited that they cannot be forced to sell their products to Dangote Petrochemical Refinery Company and other local refineries. The Chairman of IPPG, Abdulrazak Isa, made the position of the group known in a letter he signed…
The Manufacturers Association of Nigeria, MAN, has issued a stern warning to the Federal Government against demarketing local industries. The Director General of MAN, Segun Ajayi-Kadir, who issued the warning, said government agencies that provide regulatory oversight functions should promote an enabling business environment for local investments to thrive. Ajayi-Kadir also called for caution from…
Former Minister of Education, Obiageli Ezekwesili, has called on President Bola Tinubu to immediately launch an independent audit of the Dangote Refinery and NNPC transactions. Ezekwesili stated that this is necessary to provide the public with the true state of affairs, insisting that it is in the national interest to do so. In a statement…
In a significant move to address and resolve the ongoing issues surrounding the Dangote Refinery, Distinguished Senator Heineken Lokpobiri, the Honourable Minister of State for Petroleum Resources (Oil), convened a high-level meeting with key stakeholders. The meeting brought together prominent figures in the oil and gas sector, including Mr. Aliko Dangote, Chairman and CEO of…
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, on Tuesday, advised Africa’s wealthiest man, Aliko Dangote to seek the face of God because the storm isn’t over regarding the crisis he is currently facing. Primate Ayodele advised Dangote to seek the face of God if he wants to have continuity in his refinery…
Billionaire tycoon Femi Otedola has racked up shares worth N6 billion of Dangote Cement Plc, a source with knowledge of the transactions said Mr Otedola, the source said, acquired the shares in his name. Sub-Saharan Africa’s largest cement maker Dangote Cement recently leapfrogged telecommunications powerhouse Airtel Africa to become Nigeria’s biggest company by market capitalisation,…
