NNPCL Has No Right to Set Dangote Petrol Prices – Falana
Femi Falana, a respected human rights lawyer, has raised concerns over the Nigerian National Petroleum Company Limited (NNPCL) fixing the price of petrol produced at the Dangote Refinery. He claims that this action is illegal and goes against the regulations of the Petroleum Industry Act (PIA). Falana pointed out that Section 205 of the PIA […]
Can Nigeria Depend on Dangote Refinery for Petrol Supply? Marketers Say No
Nigerian petroleum marketers are raising concerns about the nation’s reliance on Dangote Refinery to meet its daily petrol needs. According to Billy Gillis-Harry, the President of the Petroleum Products Retail Outlets Owners Association (PETROAN), the refinery’s current production levels are insufficient to supply the entire country’s fuel demands. Speaking about recent developments, Gillis-Harry highlighted that […]
Fuel Queues Are Finally Over in Nigeria – Otedola
Nigerians can now say goodbye to the long-standing issue of fuel queues, according to businessman Femi Otedola. On Sunday, Otedola confirmed that the country has entered a new era as the Nigeria National Petroleum Company Limited (NNPCL) began loading petrol from Dangote Refinery. Otedola, owner of Geregu Power Plant, celebrated this milestone and praised President […]
Dangote Refutes NNPCL’s Claim of Selling Petrol at ₦898 Per Litre
The Dangote Refinery has denied reports from the Nigerian National Petroleum Company Limited (NNPCL) that it sold petrol to them at a high price of ₦898 per litre. According to a statement made on Sunday, Anthony Chiejina, a spokesperson for the Dangote Refinery, dismissed NNPCL’s claim, calling it both “misleading” and “deceitful.” He said, “Our […]
NNPCL Reveals Petrol Prices Across Nigeria After Dangote Refinery Delivery
The Nigerian National Petroleum Company Limited (NNPCL) has announced the estimated retail prices of Premium Motor Spirit (PMS), commonly known as petrol, across various states for September 2024. These prices are based on the latest supply from Dangote Refinery. Nationwide Petrol Price BreakdownAccording to NNPCL spokesperson, Olufemi Soneye, the new petrol prices were released following […]
Petrol Marketers Demand Transparency on Dangote Refinery Prices
Nigerian petrol marketers are calling for Dangote Refinery to reveal the price of its Premium Motor Spirit (PMS), commonly known as petrol. This push for transparency comes after remarks from Devakumar Edwin, Vice President of Dangote Industries, who suggested that local marketers are bypassing Dangote’s petrol despite its reportedly lower price compared to imported options. […]
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 […]