Home Business Dangote Petrol Set For Market Debut
Business

Dangote Petrol Set For Market Debut

Share
Dangote Refinery Misses Production Date
Aliko Dangote
Share

The Dangote Petroleum Refinery is ready to roll out the sale of Premium Motor Spirit, also known as petrol, after a successful test-run of the product.

Industry sources confirmed that the product would hit the market soon, with the government and the Dangote Group working out modalities for circulation.

 

“We are yet to receive the cargoes, but we thank NUPRC for the allocation,” said Anthony Chiejina, Spokesperson of the Dangote Group. “We are asking for refineries in Nigeria to buy crude directly from local producers, not international middlemen.”

 

The refinery has battled crude shortage and disagreements with the Nigerian Midstream and Downstream Regulatory Authority, but the Federal Government’s intervention has helped resolve these issues. Nigerians are hopeful that Dangote will crash the pump price of PMS.

 

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
FCCPC Takes Multichoice To Court Over Price Hike | Daily Report Nigeria
Business

FCCPC Takes Multichoice To Court Over Price Hike

FCCPC has filed charges against MultiChoice Nigeria Limited and its CEO, John...

Nigeria's Power Generation Hits 6,003mw – Power Minister | Daily Report Nigeria
Business

Nigeria’s Power Generation Hits 6,003mw – Power Minister

FG has announced a historic achievement in Nigeria’s power sector, with power...

Fuel Price in Nigeria to Hit N1000 Per Litre
Business

Fuel Price May Drop Further As Crude Oil Prices Slide

The price of Premium Motor Spirit (petrol) may drop further due to...

Subsidy Removal: Marketers Beg Tinubu, NNPCL to Revive Refineries
Business

FG Moves to Pay N7.7trillion Fuel Subsidy Debts To NNPCL

The Nigerian government has confirmed plans to pay N7.74 trillion in fuel...