dangote refinery

  1. Full Petrol Operations at Dangote Refinery Expected to Begin Soon

    Nigeria Full Petrol Operations at Dangote Refinery Expected to Begin Soon

    Dangote Petroleum Refinery plans to start petrol supply by mid-September, undergoing test runs for production. Initial delays pushed back the timeline from June to August, but recent reports suggest the refinery remains on schedule. No petrol price has been fixed yet as operations commence. The...
  2. Finance Minister Reveals Naira-Based Sales to Dangote Refinery Starting Soon

    Nigeria Finance Minister Reveals Naira-Based Sales to Dangote Refinery Starting Soon

    The Nigerian government will start naira-based crude oil sales to the Dangote Refinery on October 1, 2024. This initiative aims to strengthen the naira and stimulate domestic economic activities. Key stakeholders, including the Central Bank of Nigeria, will ensure a smooth transition and...
  3. Nigeria’s New Policy on Crude Oil Sales to Slash Petrol Prices, Say Marketers

    Nigeria Nigeria’s New Policy on Crude Oil Sales to Slash Petrol Prices, Say Marketers

    Nigeria’s oil marketers predict a decrease in petrol prices due to President Tinubu's directive for crude oil sales in Naira to local refineries. This move aims to cut logistics and importation costs, potentially saving Nigeria $7.3 billion annually. The policy's impact is expected amid ongoing...
  4. Dangote Refinery Disputes N600 Per Litre Petrol Price Rumors

    Nigeria Dangote Refinery Disputes N600 Per Litre Petrol Price Rumors

    Dangote Petroleum Refinery has refuted claims that it has set petrol prices at N600 per litre. The refinery's spokesperson, Anthony Chiejina, clarified that it has not engaged with IPMAN on pricing and urged the public to rely on official channels for accurate information as it prepares for...
  5. Dangote Refinery Counters NUPRC: We’ve Only Received One Crude Cargo

    Nigeria Dangote Refinery Counters NUPRC: We’ve Only Received One Crude Cargo

    Dangote Refinery disputes NUPRC's claim of allocating 26 million barrels of crude, stating it has only received one cargo. The refinery urges NUPRC to allow direct crude purchases from Nigerian producers as per the Petroleum Industry Act, highlighting ongoing challenges in Nigeria's oil and gas...
  6. Dangote Urges NUPRC to Enforce PIA, Criticizes Reliance on International Middlemen

    Nigeria Dangote Urges NUPRC to Enforce PIA, Criticizes Reliance on International Middlemen

    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...
  7. FG Pledges Full Support for Dangote Refinery Amid Economic Sabotage Claims

    Nigeria FG Pledges Full Support for Dangote Refinery Amid Economic Sabotage Claims

    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...
  8. Cabals in Oil Sector Blocking Dangote Refinery Progress – Obasanjo

    Nigeria Cabals in Oil Sector Blocking Dangote Refinery Progress – Obasanjo

    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...
  9. Kyari to Dangote: Name NNPC Workers Involved in Malta Fuel Blending Scandal

    Nigeria Kyari to Dangote: Name NNPC Workers Involved in Malta Fuel Blending Scandal

    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...
  10. House of Reps Push for Suspension of NMDPRA Boss Over Allegations Against Dangote Refinery

    Nigeria House of Reps Push for Suspension of NMDPRA Boss Over Allegations Against Dangote Refinery

    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...
  11. Peter Obi Demands Government Backing for Dangote Refinery, Cites National Interest

    Nigeria Peter Obi Demands Government Backing for Dangote Refinery, Cites National Interest

    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...
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    Business Dangote Refinery imbroglio: Experts react as NASS mulls sanctions on economic saboteurs - Daily Post

    https://dailypost.ng/2024/07/23/dangote-refinery-imbroglio-experts-react-as-nass-mulls-sanctions-on-economic-saboteurs/
  13. House of Reps Launches Investigation into NMDPRA's Claims Against Local Refineries, Including Dangote

    Nigeria House of Reps Launches Investigation into NMDPRA's Claims Against Local Refineries, Including Dangote

    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...
  14. House Speaker and Lawmakers Visit Dangote Refinery to Address Conspiracy Claims

    Nigeria House Speaker and Lawmakers Visit Dangote Refinery to Address Conspiracy Claims

    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...
  15. Social Media Reacts to NMDPRA's Update on Dangote Refinery: Concerns Over Completion and Quality

    Nigeria Social Media Reacts to NMDPRA's Update on Dangote Refinery: Concerns Over Completion and Quality

    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...
  16. Dangote Refinery Blasts IOCs for Crude Supply Obstruction and Price Inflation

    Nigeria Dangote Refinery Blasts IOCs for Crude Supply Obstruction and Price Inflation

    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...
  17. NNPC Reveals Reason for Reducing Stake in Dangote Refinery from 20% to 7.2%

    Nigeria NNPC Reveals Reason for Reducing Stake in Dangote Refinery from 20% to 7.2%

    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...
  18. NNPC Loses Majority Stake in Dangote Refinery Over Unpaid Balances

    Nigeria NNPC Loses Majority Stake in Dangote Refinery Over Unpaid Balances

    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...
  19. Dangote Refinery Turns to Brazil for Crude Amid Supply Struggles

    Nigeria Dangote Refinery Turns to Brazil for Crude Amid Supply Struggles

    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...
  20. Dangote Refinery Procures 5 Million Barrels of US Crude Amid Supply Concerns

    Nigeria Dangote Refinery Procures 5 Million Barrels of US Crude Amid Supply Concerns

    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...
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