The Dangote Petroleum Refinery & Petrochemicals has slashed the ex-gantry price of Premium Motor Spirit (petrol) to N1,200 per litre, reversing its earlier increase amid a sharp drop in global crude oil prices triggered by geopolitical developments. The latest adjustment represents a N75 reduction from the previous price of about N1,275 pe...
•Dangote Refinery loading bay Amid rising geopolitical tensions in the Middle East and their ripple effects on global energy markets, the Dangote Petroleum Refinery has increased the gantry price of petrol and diesel, further tightening pressure on consumers and businesses across Nigeria. A top official at the refinery, who confirmed the devel...
•Dangote Refinery loading bay Nigeria’s Dangote refinery has boosted exports of petrol and urea to African countries hit by supply disruptions caused by the Iran war. Aliko Dangote said yesterday that the 650,000-barrels-per-day refinery had helped cushion the full impact of the crisis both in Nigeria and across the continent, reports Channels...
•Aliko Dangote Officials of the Dangote Petroleum Refinery are unaware of claims that seven crude cargoes have been allocated to it in May by the Nigerian National Petroleum Company Limited. Senior officials at the refinery told our correspondent that, although talks were ongoing with the NNPC, they could not confirm an increase in the refiner...
•Dr. Paul Alaje Chief Economist at SPM Professionals, Dr. Paul Alaje, has advised the federal government to partner with the Dangote Petroleum Refinery in providing palliatives to the masses following the escalation in the ongoing war between Iran and the United States. He gave the advice when he appeared as a guest on Channels Television [&he...
•Dangote Trucks at the gantry The Dangote Petroleum Refinery and Petrochemicals has reduced its gantry price for premium motor spirit (PMS), popularly known as petrol, to ₦1,200 per litre. Disclosing this in a statement sighted by our correspondent today, the spokesperson for the Dangote Group, Anthony Chiejina, said the refinery pegged its co...
Global oil prices took a dramatic turn today, jumping by five per cent, after dropping to $88 per barrel yesterday, according to market data. Brent hits $92.43 per barrel as of 10: 56 AM WAT, signalling a 5.27 per cent increase, reports Channels TV. It had initially hit over $100 per barrel on Monday as […]
The Dangote refinery reduced its ex-gantry petrol price to ₦1,075 per litre today, representing a ₦100 drop from the previous rate of ₦1,175 per litre. Dangote Group’s Chief Communications Officer, Anthony Chiejina, told Channels Television on the phone that petrol supplied through coastal distribution will now sell at ₦1,050 per litre, report...
Dangote Petroleum Refinery has revised its ex-depot prices, increasing the gantry price of Premium Motor Spirit (PMS), or petrol, to ₦1,175 per litre, while Automotive Gas Oil (AGO), commonly known as diesel, has been raised to ₦1,620 per litre. The latest revision marks the fourth consecutive price review in less than two weeks amid global [&...
•Dangote trucks at the gantry Dangote Refinery has reduced the gantry price of Premium Motor Spirit (PMS) by N25 per litre. This means the ex-depot rate dropped from N799 to N774 per litre. The reduction was contained in a notice issued by the Group Commercial Operations Department, Dangote Petroleum Refinery and Petrochemicals FZE, to markete...
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