•NNPCL trucks lining up for petrol loading at the Dangote Refinery The Dangote Refinery has slashed its ex-depot price for premium motor spirit (PMS), better known as petrol, from ₦950 per litre to ₦890. In a statement, the company said the move is “effective from Saturday, 1st February 2025”. The Dangote Group Chief Branding and […]...
•Dangote Refinery The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians. Speaking with journalists yesterday, Funmi Sessi, the NLC Chairman for Lagos Council, noted that the refinery’s operation has come at the right time. Sessi expressed opti...
The minimum pump price of petrol has not responded to the latest Dangote Petroleum Refinery ex-pot price slash of Premium Motor Spirit, PMS, also known as petrol to N899.50 per litre, from N970 per litre. Most petrol stations in Lagos have retained the old price range of N1,025 minimum in Nigeria National Petroleum Company Limited, […]
Social media users have continued to express mixed reactions to the news of a reduction in the company price of Premium Motor Spirit (PMS), also known as petrol. Dangote Refinery, today, announced a reduction in its PMS price to N899.50 per litre, stating that the move was aimed at offering relief to Nigerians during the […]
•NNPCL trucks lining up for petrol loading at the Dangote Refinery Dangote Petroleum Refinery says it has reduced the price of its petrol to N899.50K per litre to provide relief for Nigerians ahead of the Christmas and New Year holiday season. In a statement, the company’s spokesman Anthony Chiejina said the price reduction is designed [&helli...
•Dangote The Dangote Petroleum Refinery and Petrochemicals (DPRP) has dismissed claims that the Nigerian National Petroleum Company Limited (NNPCL) used a $1 billion loan secured through a crude forward sale agreement to support the refinery during a liquidity crisis. In a statement yesterday, the company’s Chief Branding and Communications of...
•Dangote Refinery The Nigerian National Petroleum Company Limited has disclosed it secured a $1 billion loan backed by crude oil to support the coming on stream of the 650,000 barrels per day capacity Dangote Petroleum Refinery. It also revealed that the firm facilitated the $3 billion Gazelle loan as a critical intervention to help stabilise ...
•Dangote refinery In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon. Dangote, in a statement yesterday, said the milestone achieved was as a result of the strategic collabora...
•Dangote Refinery The Dangote Petroleum Refinery has begun the export of refined petroleum products to neighbouring West African countries, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets. A report by Bloomberg yesterday, quoting data sourced from Vortexa, Kpler, Precise Intelligence,...
The Independent Petroleum Marketers Association of Nigeria says over 30,000 of its members are set to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery in bulk. IPMAN also revealed that the price of petrol from the $20 billion Lekki-based plant was N940/litre and N990/litre when purchased using ships and tr...
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