NNPCL Requests Permanent Office Space at Dangote Refinery: What It Means for Nigeria’s Oil Industry
In a bid to strengthen its partnership with the Dangote Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has requested permanent office space at the refinery. This move is seen as part of a broader effort to manage the complex processes of crude oil supply and refining, ensuring a seamless relationship between both entities. Devakumar […]
Dangote Refinery’s Diesel Price Faces Criticism from Local Petroleum Marketers
Petroleum marketers in Nigeria have raised concerns about the current diesel price offered by Dangote Refinery, which they claim is negatively affecting their businesses. The refinery, owned by Dangote Industries Limited, has lowered its diesel price from N1,200 to N900 per litre. While this may seem like a benefit to consumers, many local petroleum product […]
Dangote Refinery Faces Possible Delay in Fuel Supply Deal with NNPCL
The plan for the Nigerian National Petroleum Company Limited (NNPCL) to begin lifting petrol from Dangote Refinery on Sunday, September 15, 2024, is facing fresh challenges. Sources close to the matter indicate that both parties have not yet finalized an agreement on the quantity and price of Premium Motor Spirit (PMS) that will be supplied […]
NULGE Chairman Dies at Petrol Station While Queuing for Fuel in Ondo State
The chairman of the Nigeria Union of Local Government Employees (NULGE) in Akure South, Ondo State, Oluwatuyi Olasoji, tragically passed away after collapsing at a petrol station while waiting to purchase fuel. Reports suggest that the chairman collapsed last week as he queued to buy petrol. He was immediately rushed to the Federal Medical Center […]
Dangote’s Refinery: A Solution or Another Economic Burden for Nigeria?
As Africa’s richest man, Aliko Dangote, prepares to start fuel production at his much-anticipated refinery, many Nigerians are hopeful that this project will bring an end to the country’s perennial fuel shortages and high prices. However, not everyone shares this optimism. Nigerian activist and lawyer, Deji Adeyanju, has voiced strong opinions about the refinery and […]
“Primate Ayodele Warns: China Loans Could Mortgage Nigeria’s Future, Dangote Refinery Can’t Fix Economy”
Primate Elijah Ayodele, the spiritual leader of the INRI Evangelical Spiritual Church, has issued a stark warning to Nigeria’s government about its increasing reliance on loans from China. According to him, the long-term consequences of these loans could leave Nigeria indebted for the next 100 years. Ayodele expressed his concerns in a statement made by […]
NNPCL: No Guarantee of Lower Petrol Prices with Dangote Refinery
The Nigeria National Petroleum Company Ltd (NNPCL) has recently announced that starting from September 15, it will begin sourcing petrol from the new Dangote Refinery. However, NNPCL has made it clear that this does not guarantee a drop in petrol prices. According to NNPCL’s spokesman, Olufemi Soneye, the cost of petrol, whether from the Dangote […]
Atiku Praises Dangote’s Tenacity as Refinery Begins Fuel Production
Atiku Abubakar, the 2023 presidential candidate of the Peoples Democratic Party (PDP), has applauded Aliko Dangote, the founder of Dangote Group, for his determination and vision with the launch of the Dangote Refinery. According to Atiku, Dangote’s commitment to starting the refinery and its fuel production is a clear example of the “can-do spirit” he […]
NNPCL Delivers 30 Million Barrels of Crude Oil to Dangote Refinery, Plans to Supply More
The Nigerian National Petroleum Company Limited (NNPCL) has provided 30 million barrels of crude oil to the Dangote refinery so far. Adedapo Segun, NNPCL’s Executive Vice President of Downstream, shared this news during an interview on Arise Television. He mentioned that the company plans to supply an additional 17 million barrels to the refinery in […]
Nigerians Struggle as Petrol Prices Soar Above N1,000 per Litre
Nigerians are feeling the pinch as petrol prices soar above N1,000 per litre in many areas across the country. This sharp increase in fuel prices has caused widespread concern among citizens. In response to the crisis, Dangote Refinery has started producing Premium Motor Spirit (PMS). The Lagos-based refinery, which can handle 650,000 barrels of oil […]