Tag: Dangote Refinery

Dangote Refinery: The Danger of Single Narrative, Swifting the Facts From Emotion

By Richard Akinnola When the Dangote refinery controversy blew up, naturally as someone wired to support anyone l perceive to be oppressed, this time, Dangote, l lined up in support…

PETROAN Accuses Dangote Refinery of Monopolistic Practices, Promises Cheaper Petrol

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has sharply criticized Dangote Refinery for alleged attempts to stifle competition and maintain a monopoly in Nigeria’s downstream sector. The…

Dangote Refinery To Import Crude Oil As NNPCL Supply Falls Short

Dangote Petroleum Refinery plans to import crude oil feedstock due to insufficient supply from the Nigerian National Petroleum Company (NNPCL). The refinery has increased production to 500,000 barrels per day…

BREAKING: Buhari Inaugurates Dangote Refinery

President Muhammadu Buhari has officially inaugurated the Dangote petroleum refinery in Lagos, Nigeria's commercial city. The nineteen billion-dollar facility expected to transform Nigeria's energy sector, was inaugurated on Monday in…

Naira Payment For Crude Oil To Dangote Refinery, Others Begin October 1

  The Federal Government has announced that sales of crude oil to Dangote Refinery and other local refineries will commence on October 1, 2024, in naira. This was disclosed by…

IPMAN, Dangote Refinery Seal Direct Petrol Supply Deal

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured a landmark agreement with Dangote Refinery for the direct supply of petroleum products, a move that is expected to revolutionize…

Petrol Pump Price Surges To N1,150 After Dangote Hike

The pump price of petrol has surged to between N1,050 and N1,150 per litre. The refinery increased its PMS price from N899/litre to N955/litre at its loading gantry. Oil marketers…

Refinery: Dangote Begins Loan Repayment

The Central Bank of Nigeria(CBN) Governor, Godwin Emefiele has announced that Aliko Dangote, the President of Dangote Group, has started repaying some of the loans used to finance the Dangote…

Dollar to Naira Exchange Rate Hits N1610 at Black Market

  The dollar to naira exchange rate has hit a new high at the black market, with players buying at N1600 and selling at N1610. According to sources at Bureau…

Dangote Refinery Begins Fuel Exports to West Africa

The Dangote Petroleum Refinery has officially commenced the export of refined petroleum products to neighboring West African nations, marking a significant milestone that could reshape the regional fuel market. A…