Former President Olusegun Obasanjo has voiced concerns that individuals benefiting from Nigeria’s fuel importation business may attempt to undermine the $20 billion Dangote Petroleum Refinery. […]
Tag: Dangote Refinery
Dangote Refinery to Require N1.7tn Worth of Crude Monthly Following Presidential Directive
The Dangote Petroleum Refinery will need approximately N1.7 trillion worth of crude oil monthly due to President Bola Tinubu’s directive mandating the Nigerian National Petroleum […]
Aliko Dangote Offers to Sell Refinery Stake to NNPC Amid Dispute
Aliko Dangote, Africa’s wealthiest man, has announced his willingness to sell his multibillion-dollar oil refinery to the state-owned energy company, NNPC Limited. The announcement comes […]
Minor Fire at Dangote Refinery Quickly Contained, No Injuries Reported
A fire broke out at the Dangote Refinery in Lagos State on Wednesday, June 26, but was swiftly contained without causing any injuries. According to […]
Aliko Dangote Expands Refinery Storage, Faces Challenges from International Oil Companies
Alhaji Aliko Dangote, President of the Dangote Group, has announced an expansion of the storage capacity at his refinery by 600 million litres. This expansion […]
Dangote Refinery Exports First Jet Fuel Cargo to Europe
Nigeria’s Dangote Refinery has achieved a significant milestone by exporting its first jet fuel cargo to Europe, marking a pivotal moment in the global energy […]
Federal Government Anticipates Reduction in Fuel Import Bill as Dangote Refinery Begins PMS Sale
The Federal Government may significantly reduce its N6.2 trillion annual fuel import bill with the imminent start of premium motor spirit (PMS) sales by the […]
Dangote Refinery Ranked Above Top 10 European Refineries by Bloomberg
Bloomberg, a financial data and media company, has ranked the Dangote Refinery in Lagos State, Nigeria, above the top 10 biggest refineries in Europe. The […]
IPMAN Foresees Further Diesel Price Drop to N700/Litre Thanks to Dangote Refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is optimistic about further reductions in diesel prices, expecting Dangote refinery’s impact to bring it down to […]