Nigerian petroleum marketers are demanding transparency from Dangote Refinery over its fuel pricing as the NNPCL announced new rates across the country. Marketers are also considering fuel imports to stabilize prices, citing concerns over Dangote’s production capacity, as domestic supply remains...
Dangote Refinery's Vice President, Devakumar Edwin, announced that 44% of the facility's petrol production can meet Nigeria's daily requirements. The refinery, processing 650,000 barrels of crude daily, aims to resolve the country's PMS supply challenges while generating foreign exchange through...
The Nigerian National Petroleum Company Limited (NNPCL) has announced petrol prices for September 2024, sourced from Dangote Refinery. Prices will vary across Nigeria, with Lagos at N950.22 per litre and Borno at N1,019.22. NNPCL will pay in dollars for September, switching to Naira in October...
The Group Chief Branding and Communications Officer of Dangote, Anthony Chiejina, refuted claims regarding PMS pricing made by NNPCL spokesperson Olufemi Soneye. He emphasized that the official pricing announcement will come from the Technical Sub-Committee on Naira-based crude sales on October...
The NNPCL has announced purchasing fuel from Dangote Refinery at N898 per litre, contradicting earlier claims of N760. This move aims to enhance local production capacity, with NNPCL becoming the exclusive off-taker.
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that it...
The NNPCL has commenced petrol loading operations at the Dangote Refinery, marking a significant milestone in Nigeria's fuel supply chain. This development has elicited mixed reactions from Nigerians, who express hopes for reduced fuel prices
In a significant development, the Nigerian National...
Nigerians may soon purchase Dangote petrol at prices ranging from N857 to N865 per litre as the NNPC prepares to lift petrol from Dangote Refinery. This development aims to alleviate fuel costs, with expectations of improved availability and competitive pricing in the market.
Nigerians may soon...
Marketers are calling for direct access to fuel from the Dangote refinery, opposing NNPC's exclusive role as the sole buyer at N766/litre. Concerns rise over a potential domestic monopoly and lack of pricing transparency, as Dangote prepares to supply 25 million litres of petrol daily.
In the...
The Nigerian National Petroleum Company (NNPC) has mobilized over 100 trucks to Dangote Petroleum Refinery ahead of its petrol supply starting on September 15, 2024. NNPC will act as the sole distributor for petrol while oil marketers can purchase diesel directly from the refinery. Dangote aims...
The Dangote Refinery is set to begin distributing Premium Motor Spirit (PMS) to the NNPC starting September 15. This initiative follows a deal for the NNPC to supply crude oil in Naira. The refinery aims to enhance the availability of petroleum products while easing pressure on the Naira.
The...
Marketers will begin lifting petrol from Dangote Refinery this Sunday, delivering 25 million litres daily through NNPC Trading Limited. This marks a major milestone in improving Nigeria’s fuel supply, with no change in pump prices. Dangote Refinery aims to reduce reliance on imported fuel and...
Devakumar V.G. Edwin, Vice President of Oil & Gas at Dangote Group, announced that the Nigerian National Petroleum Company Limited (NNPCL) seeks a permanent office at the Dangote Refinery. This collaboration aims to streamline crude oil supply and production, potentially alleviating fuel...
Petroleum marketers in Nigeria have urged President Bola Tinubu to address the impact of Dangote Refinery’s reduced diesel price, which has dropped to N900 per liter. Due to low local demand, Dangote Refinery is exporting diesel and aviation fuel, raising concerns about the future of local fuel...
The Nigerian National Petroleum Company (NNPC) has denied claims of being the sole distributor for Dangote Refinery. Refuting allegations from MURIC, NNPC clarified that product pricing is determined by global market forces, and Dangote Refinery remains free to sell to any marketer in a...
Dangote Refinery's new transparent petrol, unlike the traditional yellow, features a high ethanol content. This enhances engine efficiency, extends longevity, and reduces carbon monoxide emissions. Learn about the benefits of this clear fuel, its environmental impact, and how it compares to U.S...
Femi Otedola praises Aliko Dangote for starting petrol production at the Dangote Refinery. Otedola describes this achievement as a landmark moment for Nigeria’s energy sector, ending decades of dependence on foreign fuel. The refinery, set to supply 25 million liters daily, symbolizes a...
Aliko Dangote's refinery has launched its first Premium Motor Spirit (PMS), promising fuel quality on par with global standards. This development aims to stabilize Nigeria's economy by reducing reliance on imports, saving foreign exchange, and alleviating fuel shortages amid ongoing financial...
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