The leadership of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has said the commencement of operations by the Dangote Refinery is a monumental step forward for Nigeria’s energy independence and economic growth. Mr Labi Olawale, the General Secretary of NUPENG, said this in a congralutory letter...
dangote refinery
Dangote Refinery has finally launched its Premium Motor Spirit (PMS), also known as petrol, after over a year of its inception in May 2023. The refinery’s 650,000 barrels per day facility rolled out its first batch of high-quality petrol, promising a new era of fuel efficiency and engine longevity...
The 20-billion-dollar Dangote refinery investment with 650,000 barrel capacity per day will undoubtedly boost Nigeria’s foreign exchange. Equally, the project is expected to reduce the pressure on foreign exchange drastically if sales of crude oil to Dangote are dominated by local currency. Industry observers are of the notion that...
The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October. This is according to a statement by the Director Press and Public Relations, Federal Ministry of Finance and Economic Planning, Mr Mohammed Manga in Abuja on Monday. Manga said that...
The Arewa Consultative Forum (ACF) has voiced its concern over the ongoing national and international controversies surrounding the Dangote Petroleum Refinery and Petrochemicals Industrial Free Zone Enterprise (DPRPI). This is contained in a statement by by Prof. Tanko Muhammad -Baba, ACF’s National Publicity Secretary, issued on Monday in Kaduna...
By OLA MODUPE, Lagos – The management of the Dangoteaan Refinery has debunked reports of a fixed petrol price of ₦600/litre, describing them as “speculative announcements” with no factual basis. The Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina, disclosed this in a statement issued on...
The Senate has raised concern over 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result. Sen. Opeyemi Bamidele, Chairman, Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, raised the concern...
Oando Plc has denied allegations linking the company and its executives to Raz Hansir Oil Terminal Ltd., a Maltese company purportedly involved in importing adulterated petroleum products into Nigeria. Oando Plc was alleged to operate an oil storage and blending facility, and purportedly responsible for importing adulterated petroleum...
Femi Falana, SAN, has said he is worried about the negative impacts of the Dangote Refinery spat, saying the saga sends a dangerous signal to investors about Nigeria. “Well, I’ve enjoyed the inter-class feud or what you might call a dog-eat-dog affair. But it’s at the expense of...
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has convened a high-level meeting with key stakeholders in the oil and sector to resolve issues surrounding the Dangote Refinery. This is contained in a statement by Nneamaka Okafor. the Special Adviser to the minister on Media and Communications....
The leadership of the House of Representatives have visited the Dangote Petroleum Refinery in Lagos. Speaker of the House of Representatives, Hon. Tajudeen Abbas, led the lawmakers who arrived at the refinery located in the Lekki Free Trade Zone in Lagos around 11am. Africa’s richest man and President...
Africa’s richest man Aliko Dangote has said the Nigerian National Petroleum Company (NNPC) Limited now owns a 7.2% stake in the Dangote Petroleum Refinery, and not a 20% stake as initially announced before the inauguration of the facility at the Lekki Free Trade Zone. Dangote, who made...
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has commissioned three newly- acquired 80 tonnes bollard-pull tugboats to enhance the berthing of vessels at the Dangote Refinery and Lekki Deep Seaport. Oyetola said during the inauguration in Lekki on Thursday that the three tugboats were christened MT...
By OLA MUDOPE, Lagos – A fire incident has been reported at the Effluent Treatment Plant (ETP) of Dangote Refinery in Lagos State. The Group Head of Corporate Communications at Dangote Group, Mr Anthony Chiejina, who confirmed this in a statement on Wednesday, said the fire has...
Dangote Refinery: Bode George advocates shareholding for host communities Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Olabode George, has advised President of the Dangote Group, Alhaji Aliko Dangote, to ensure members of the refinery’s host communities benefit as shareholders. George, in a statement on Monday...
Chairman, Senate Committee on Petroleum (Downstream), Senator Ifeanyi Uba, has urged the Federal Government to be intentional about the modular refineries as a strategy to ending Nigeria’s fuel scarcity. Ubah said this at the ongoing Offshore Technology Conference in Houston, Texas, U.S., on Thursday. “I am proposing that...
By EZEKIEL OBI, Abuja – The Nigerian Army has detained two soldiers allegedly involved in a reported case of theft at the Dangote Refinery in Lagos. The Army’s spokesman, Maj.-Gen. Onyema Nwachukwu, said in a statement on Wednesday, that the Nigerian army was deeply concerned over its personnel’s involvement...
A former chairman of the Manufacturers Association of Nigeria (MAN), Ogun Chapter, Dr Wale Adegbite, has lauded Dangote Petroleum Refinery for reducing the price diesel from N1,200 to N1,000 per litre across the country. Adegbite gave the commendation in an interview with the News Agency of Nigeria (NAN)...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its enforcement committee 48 hours to produce a template for a seamless implementation of Domestic Crude Oil Supply Obligation (DCSO) in Nigeria. The Commission Chief Executive, NUPRC, Mr Gbenga Komolafe, gave the charge on Tuesday in Abuja while speaking...
The Dangote Refinery has started production. The largest single-train refinery in the world located in Nigeria’s commercial hub began operations in the early hours of Friday. This followed the delivery of six million barrels of crude supply to the refinery. Although it was supposed to begin operations...