nmdpra

  1. Dangote vs NMDPRA: Fuel Prices Crash as Feud Shakes Nigerian Downstream Sector

    Nigeria Dangote vs NMDPRA: Fuel Prices Crash as Feud Shakes Nigerian Downstream Sector

    The Digest: Aliko Dangote's renewed accusations against NMDPRA CEO Farouk Ahmed have coincided with a sharp drop in fuel prices, as his refinery cuts rates to undercut importers. Key Points: Aliko Dangote accused NMDPRA CEO Farouk Ahmed of economic sabotage for favoring fuel imports over...
  2. Dangote Vows to Frustrate Fuel Importers: “We Will Meet in the Market”

    Nigeria Dangote Vows to Frustrate Fuel Importers: “We Will Meet in the Market”

    The Digest: Aliko Dangote has vowed to aggressively counter fuel importers who bypass his refinery, declaring he will increase his fleet of CNG trucks to 8,000 if necessary to secure market share and protect his $20 billion investment. Key Points: Dangote said if importers continue...
    • Nigeria News
    • Article
    • 1 min read
    • aliko dangote dangote refinery nmdpra
    • Category: Business
  3. Dangote Announces Petrol Price of ₦739 from Tuesday, Vows to Crash Costs Further

    Nigeria Dangote Announces Petrol Price of ₦739 from Tuesday, Vows to Crash Costs Further

    The Digest: Aliko Dangote has announced that filling stations, including MRS outlets, will begin dispensing petrol at ₦739 per litre in Lagos from Tuesday, following his refinery's ex-depot price reduction to ₦699. Key Points: Dangote set a target of keeping petrol below ₦740 nationwide in...
    • Nigeria News
    • Article
    • 1 min read
    • aliko dangote dangote refinery nmdpra petrol price
    • Category: Business
  4. [VIDEO] Aliko Dangote Accuses NMDPRA Boss of Spending $5M on Children’s Swiss Education, Demands Probe

    Nigeria [VIDEO] Aliko Dangote Accuses NMDPRA Boss of Spending $5M on Children’s Swiss Education, Demands Probe

    The Digest: Aliko Dangote has publicly challenged the Chief Executive of the NMDPRA, Engr. Farouk Ahmed, over allegations he spent $5 million on his children’s Swiss secondary education, demanding accountability and declaring the sector’s regulator “should never act as a trader.” Key Points...
    • Nigeria News
    • Article
    • 1 min read
    • aliko dangote dangote vs nmdpra farouk ahmed nmdpra
    • Category: Business
  5. Dangote Refinery Pledges 1.5 Billion Litres of Petrol, Invites Regulators for Public Monitoring

    Nigeria Dangote Refinery Pledges 1.5 Billion Litres of Petrol, Invites Regulators for Public Monitoring

    The Digest: The Dangote Petroleum Refinery has pledged to supply 1.5 billion litres of Premium Motor Spirit (PMS) to the Nigerian market this December. According to reports, the refinery has invited the NMDPRA to publicly monitor and validate its daily output, exploring a significant shift...
    • Nigeria News
    • Article
    • 1 min read
    • dangote refinery fuel supply nmdpra pms
    • Category: Business
  6. Relief as Nigerian Govt Suspends Planned 15% Fuel Import Levy

    Nigeria Relief as Nigerian Govt Suspends Planned 15% Fuel Import Levy

    The Digest: The Nigerian Government has suspended the implementation of a 15% import duty on petrol and diesel, following widespread concerns over potential price increases. The NMDPRA has assured citizens of adequate fuel supply nationwide and warned against panic buying, marking a temporary...
    • Nigeria News
    • Article
    • 1 min read
    • dangote refinery fuel subsidy nmdpra petrol price
    • Category: Business
  7. Dangote Ends Legal Fight With NMDPRA, Withdraws N100bn Import License Suit

    Nigeria Dangote Ends Legal Fight With NMDPRA, Withdraws N100bn Import License Suit

    The Digest: The Dangote Petroleum Refinery has formally withdrawn its N100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other parties, ending a high-stakes challenge over the issuance of licences for petroleum product importation...
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