Dangote Refinery to Start Supplying Petrol in September
The Dangote Petroleum Refinery is expected to start producing petrol by mid-September, according to a recent report by Reuters. The refinery, owned by Aliko Dangote, Africa’s richest man, had initially planned to begin production earlier but faced delays. Earlier reports suggested that petrol production would begin in June, but due to minor setbacks, the date […]
Port Harcourt Refinery Set to Kick Off Soon, Say Oil Marketers
Nigeria’s fuel supply challenges might soon be a thing of the past as oil marketers express optimism that the Port Harcourt Refinery will begin commercial production in the coming weeks. This development could be a game-changer for the country, which has long struggled with fuel shortages and the associated economic impacts. Billy Gillis-Harry, the national […]
Dangote Refinery Yet to Receive 29m Barrels Crude Allocation, Counters NUPRC Claim
The ongoing challenges in Nigeria’s oil and gas industry continue as Dangote Refinery has announced that it has not yet received the 26 million barrels of crude oil allocation that was reportedly facilitated by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). In a recent statement, Dangote Group’s spokesperson, Anthony Chiejina, responded to NUPRC’s claims that […]
Tinubu Orders NNPCL to Sell Crude Oil to Dangote Refinery in Naira
In a major policy shift, President Tinubu has directed the Nigerian National Petroleum Company Limited (NNPCL) to sell crude oil to the Dangote Refinery using Naira. This new approach, announced by Bayo Onanuga, a media aide to the president, is designed to stabilize fuel prices and the Naira-Dollar exchange rate. The Federal Executive Council (FEC) […]
House of Representatives Threatens NNPCL Boss Over Dangote Refinery Dispute
The House of Representatives has warned that they will push for the removal of the Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, if the supposed attempts to harm the Dangote Refinery don’t cease immediately. Philip Agbese, the deputy spokesperson of the House, expressed these concerns during a press briefing […]
Peter Obi calls on the Nigerian government to Support Dangote Refinery
Peter Obi, a former presidential candidate from the Labour Party, has urged the Federal Government to support the Dangote Refinery. He believes the refinery is crucial for Nigeria’s economy and overall well-being. Obi’s comments came after Aliko Dangote, the owner of the refinery, mentioned that the government was not cooperating with him. As a result, […]
House of Representatives Leadership Visits Dangote Refinery
Today, the leadership of Nigeria’s House of Representatives, headed by Speaker Tajudeen Abbas, visited the Dangote Petroleum Refinery in Lagos State. The $20 billion refinery, located in the Lekki Free Trade Zone, welcomed the lawmakers around 11 am on Saturday. They were greeted by Aliko Dangote, the President of Dangote Group, along with other top […]
Fire Breaks Out at Dangote Refinery in Lagos (Video)
Fire has broken out at the Dangote Refinery in Ibeju-Lekki, Lagos State. Explosions were heard on Wednesday, followed by a major fire at the refinery located in the Ibeju-Lekki area of Lagos State. As of now, the Dangote group has not yet commented on the fire incident. Africa’s richest man, Aliko Dangote, recently revealed he […]
Dangote Promises Lower Fuel Prices in Nigeria with New Refinery
Aliko Dangote, Chairman of the Dangote Group, announced that his $20 billion refinery in Lagos, which processes 650,000 barrels per day, will help reduce fuel prices in Nigeria. He shared this at a recent forum in The Bahamas. When asked if the refinery would lower petrol prices, which are currently around N700 per liter, Dangote […]
Why the Dangote Refinery Can’t Get Enough Crude Oil from IOCs in Nigeria – LCCI
The Lagos State Chamber of Commerce and Industry (LCCI) has attributed the limited crude oil supply to Dangote Refinery and other local refineries to issues like oil theft and pipeline vandalism. Dr. Chinyere Almona, Director General of LCCI, mentioned these problems in a statement addressing the crude oil supply challenges faced by local refineries in […]