News

Competition Welcome, but Continued Petrol Imports Not Allowed – Dangote Refinery

Dangote Petroleum Refinery and Petrochemicals has voiced its support for fair competition that promotes innovation and quality, highlighting its anticipation of the commissioning of the four state-owned refineries as pledged by the Nigerian National Petroleum Company Limited (NNPCL). The refinery cautioned that while deregulation is essential, it should not justify the importation of substandard petroleum […]

News

Dangote Sounds Alarm on Substandard Fuel Importation by Int’l Trading Company

Dangote Petroleum Refinery has raised concerns over an international trading company allegedly renting a depot to blend and distribute substandard petroleum products in Nigeria, a move it claims could undermine the domestic market and public safety. The company asserts that its petrol is competitively priced and of higher quality than products imported by the Nigerian […]

News

BREAKING: Dangote Refinery Discloses New Petrol Prices Amid Market Scrutiny

Dangote Refinery has announced its petrol pricing, setting rates at ₦960 per litre for ship deliveries and ₦990 per litre for truck supplies. In a statement by Group Chief Branding and Communications Officer, Anthony Chiejina, the refinery underscored its commitment to quality and transparency, warning that any petrol available at a lower price may be […]

News

Ghana Signs Deal for Petroleum Importation from Nigeria’s Dangote Refinery

The National Petroleum Authority of Ghana (NPAG) has announced plans to import refined petroleum products from Nigeria’s Dangote Refinery as part of an effort to bolster Ghana’s energy security and deepen economic collaboration within West Africa. Mustapha Abdul-Hamid, CEO of NPAG, shared the development at the 2024 OTL Africa Downstream Energy Week held in Lagos. […]

News

BREAKING: FG Authorizes Marketers to Source Fuel Directly from Dangote Refinery

The Federal Government has granted approval for petroleum marketers to lift petrol directly from the Dangote Refinery, bypassing the Nigerian National Petroleum Company Limited (NNPC) as the sole off-taker. This development puts to rest earlier speculations about NNPC’s exclusive control over fuel supplies from the Dangote Refinery. In a statement released on Friday, the Minister […]

News

IPMAN to NNPC: Sell Petrol to Us at Dangote Prices or Refund Our Money

The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima, has called on the Nigerian National Petroleum Company Limited (NNPC) to sell Premium Motor Spirit (PMS), commonly known as petrol, to marketers at the same rates offered by Dangote Petroleum Refinery. Alternatively, he urged the NNPC to refund the funds held […]

News

Suffering Will Continue in Nigerian if Only NNPC Buys Fuel from Dangote Refinery – Reps

The House of Representatives has called on the federal government to instruct the Nigerian National Petroleum Corporation Ltd. (NNPCL) to grant independent marketers access to lift fuel from the Dangote Refinery, warning that continued monopoly could worsen fuel scarcity and exacerbate economic challenges. This resolution was reached following the adoption of a motion of urgent […]

Sports

Dangote Expresses Regret for Prioritizing Refinery Over Buying Arsenal

Aliko Dangote, the President and Chief Executive of Dangote Group, has expressed regret over not pursuing his ambition to purchase Arsenal Football Club, revealing that his business priorities at the time led him to invest in his refinery project instead. In an interview with Bloomberg’s Francine Lacqua in New York, Dangote, one of Africa’s wealthiest […]

News

Truck Call-up System Sparks Dispute Between Lagos Govt, Dangote Refinery

Only Dangote has refused to join the access system – LASG Lagos State deceived us on the system – Dangote Trucks are already causing fatalities – Local Govt Chairman The electronic call-up truck management system introduced by the Lagos State Government to prevent traffic gridlock around the Lekki Port corridor is facing significant challenges. Years […]

News

IPMAN: Majority of Filling Stations Yet to Receive Dangote Petrol

A week after the Nigerian National Petroleum Company Limited (NNPC) began loading Premium Motor Spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery, most filling stations across the country have yet to receive the product. The Independent Petroleum Marketers Association of Nigeria (IPMAN), which represents over 70% of fuel stations nationwide, revealed on […]