A significant controversy has arisen following the Nigerian National Petroleum Company Limited (NNPC)’s assertion that it purchased petrol from the Dangote Refinery at N898 per litre. NNPC spokesperson Olufemi Soneye confirmed this price, stating that […]
By Gideon Maxwell September 3, 2024 In a remarkable turn of events, billionaire businessman Femi Otedola has lauded the rollout of first petrol production from Dangote Refinery, urging depot owners to sell off their facilities […]
By Seyi Gesinde September 3, 2024 In a significant development for Nigeria’s energy sector, Aliko Dangote, President of the Dangote Group, has presented the first sample of petrol produced by the Dangote Refinery. The event […]
By Gideon Maxwell September 2, 2024 In a significant development for Nigeria’s energy sector, the Dangote Refinery has begun processing gasoline, marking a crucial step towards reducing the country’s reliance on imported oil products. This […]
• To stabilise fuel prices, exchange rate By Marvellous Nyang July 29, 2024 In a significant move to stabilise fuel prices and the dollar-naira exchange rate, President Bola Tinubu has directed the Nigerian National Petroleum […]
By Gideon Maxwell July 22, 2024 Aliko Dangote, Africa’s wealthiest individual, has been vocal about his struggles with his $19 billion oil refinery project, revealing that a friend who had previously advised against investing in […]
By Marvellous Nyang July 22, 2024 The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to provide a new report on the sulphur content of diesel produced by the Dangote […]
By Marvellous Nyang July 22, 2024 In a significant development, Aliko Dangote, Africa’s richest man, has offered to sell his stake in the multi-billion-dollar oil refinery to NNPC Limited. This comes as tensions rise with […]
• Reveals how CNN censored his comments Global and local oil mafia including international banking interests all made several moves to foil the location of a big oil refinery in Nigeria, according to Alhaji Aliko […]
Following years of delays, the Nigerian billionaire has opened the Dangote Petroleum Refinery — Africa’s largest oil refinery and “one of the world’s largest oil refineries,” Business Insider reports. Located in Lekki, Nigeria, near Lagos, the $19 billion […]
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