Dangote Petroleum Refinery urges NUPRC to enforce the Petroleum Industry Act's domestic crude supply obligation, allowing direct purchases from Nigerian producers. The refinery's management highlights the financial burden of buying crude from international traders and calls for the enforcement...
The Nigerian government, represented by Minister of State for Petroleum Resources Heineken Lokpobiri, reaffirms its commitment to supporting the $20 billion Dangote Refinery. The government is dedicated to aiding local refineries, addressing economic sabotage allegations, and stabilizing fuel...
Former President Olusegun Obasanjo claims cabals in Nigeria's oil and gas sector are obstructing the $20 billion Dangote Refinery to protect their profits from refined petrol imports. The refinery, essential for Nigeria's energy independence, faces challenges in securing crude oil supplies amid...
NNPC CEO Mele Kyari denies owning a fuel blending plant in Malta and challenges Aliko Dangote to reveal the NNPC personnel involved. Dangote accuses NNPC workers of importing substandard petrol from Malta, while Kyari insists on transparency and sanctions for any involved employees
In a recent...
Nigeria's House of Representatives urges President Tinubu to suspend NMDPRA Chief Farouk Ahmed over controversial comments about Dangote Refinery's fuel quality. The dispute highlights concerns about fuel standards, environmental impact, and economic implications. An investigation is underway...
Peter Obi urges government support for Dangote Refinery, citing its potential to generate $21 billion annually and create 100,000 jobs. He emphasizes the refinery's importance in addressing Nigeria's fuel crisis and economic challenges, calling it crucial for national welfare and African...
Nigeria's House of Representatives launches probe into claims of substandard petroleum products. Investigation to cover local refineries, including Dangote, amid dispute with NMDPRA. Comprehensive testing and stakeholder involvement are planned. Aims to address fuel quality concerns and restore...
On July 20, 2024, House Speaker Tajudeen Abbas and lawmakers visited the Dangote Petroleum Refinery in Lagos. The visit aimed to support the project and investigate conspiracy allegations against the refinery. The House plans to form a committee to probe these claims and the refinery's crude oil...
NMDPRA clarifies that Dangote refinery is at 45% completion and has not been licensed, addressing concerns about energy security and product quality. Social media reactions are mixed, with users questioning political interference and the refinery's progress.
The Nigerian Midstream and...
The Dangote Refinery accuses International Oil Companies (IOCs) of obstructing crude purchases and inflating prices. Despite the Petroleum Industry Act’s provisions, IOCs demand premiums above official prices. The refinery urges the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to...
NNPC reduces its stake in Dangote Refinery from 20% to 7.2% due to strategic realignment. The decision, communicated months prior, aims to align with NNPC's objectives. The refinery, a key project in Nigeria’s energy sector, began production on January 12. Future impacts remain closely watched...
Dangote Refinery CEO reveals NNPC stake reduction from 20% to 7.2% due to missed payments. $19 billion project on track for August petrol sales. Africa's largest refinery, located in Lagos, aims to boost Nigeria's refining capacity, reduce import dependency, and create jobs. Dangote reassures...
Dangote Refinery turns to Brazil for crude imports amidst Nigerian supply challenges, sourcing one million barrels of Tupi crude. Significant overseas purchases aim to support full-scale operations amid higher crude prices.
The Dangote Refinery, which processes 650,000 barrels per day, is...
Dangote Refinery secures 5 million barrels of US crude for upcoming months, marking a strategic move to diversify sourcing amid efforts to reduce Nigeria's foreign fuel dependency.
Dangote has reportedly purchased 5 million barrels of US crude for delivery next month and in September, with...
Dangote Industries swiftly addresses a minor fire at its refinery's Effluent Treatment Plant (ETP), ensuring operations continue without harm. Anthony Chiejina reassures public safety amid ongoing concerns.
Dangote Industries Limited responded swiftly to reports of a minor fire at its refinery...
Nigerians react to suspicions of sabotage in the Dangote Refinery fire, expressing concerns over economic impacts and future fuel prices. Social media reflects widespread disbelief and anxiety amid ongoing investigations into the incident's cause and potential consequences for national energy...
Aliko Dangote, Chairman of the Dangote Group, announced that his $20 billion Lagos-based refinery, which processes 650,000 barrels per day, will significantly reduce fuel prices in Nigeria. Speaking at the Afreximbank Annual Meetings and AfriCaribbean Trade & Investment Forum in Nassau, The...
Aliko Dangote, Africa's wealthiest individual, accuses local and international mafias of hindering his $19 billion refinery project. Despite repaying $2.4 billion of loans, challenges like crude oil supply disruptions persist.
In a speech at the Afreximbank annual meetings, Aliko Dangote...
Aliko Dangote, Africa's richest man, asserts that Nigeria will cease petrol imports within weeks, thanks to his refinery's efforts. The refinery aims to meet West Africa's fuel needs and transform Africa's energy sector.
Aliko Dangote, the renowned Nigerian entrepreneur and chairman of Dangote...
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