•Mele Kyari and Dangote refinery The Nigerian National Petroleum Company Limited has stopped importing refined petroleum products and is now off-taking fuel from the Dangote Petroleum Refinery and other local refineries. NNPC’s Group Chief Executive Officer, Mele Kyari, disclosed this yesterday at the ongoing conference of the Nigerian Associa...
•Dangote “Those boasting to sell petrol below our price are importing substandard products”, Dangote Refineries said yesterday. The refinery which rolled out petrol from its plant on September 15, announced that it is selling to trucks at N990 per litre, reports The Nation. The company spoke through its Chief Branding/Communication Officer, Mr...
•Dangote Refinery Ghana may shift to purchasing petroleum products from Nigeria’s Dangote Oil Refinery once it reaches full operational capacity, potentially cutting its $400 million monthly fuel imports from Europe. This move could signal a significant cost reduction for Ghana and reinforce regional trade in Africa, reports Nigerian Tribune. ...
Controversy over the supply of petrol from Dangote Refinery to the Nigerian National Petroleum Company Limited (NNPCL) deepened yesterday. In a new twist, a document from the state oil company showed that the refinery has been unable to meet the supply request, reports The Nation. According to the document, the NNPCL requested for 1.065 billio...
•Dangote Dangote Refinery has announced its readiness to drop the case instituted against the Nigerian National Petroleum Corporation Limited (NNPCL) and five other companies over importation of petroleum products. The other five companies are Aym Shafa Limited, A. A. Rano Limited, T. Time Petroleum Limited, 2015 Petroleum Limited and Matrix P...
•Dangote Refinery The federal government has granted permission to petroleum marketers to lift petrol directly from the Dangote refinery without going through the Nigerian National Petroleum Company Limited. This confirms the speculation that the NNPC will no longer be the sole off-taker of the Dangote fuel. In a statement today, the Minister ...
•Aviation minister, Festus Keyamo The Federal Government of Nigeria has declared that Dangote Refinery is now authorised to serve as the only provider of jet fuel, or Jet A1, to aircraft companies operating in the country. The minister of aviation, Festus Keyamo, disclosed this information in an interview that aired on Channels TV today. Accor...
•House of Representatives The House of Representatives, today, urged the federal government to direct the Nigerian National Petroleum Corporation Limited and the Dangote Refinery to allow independent marketers to commence the lifting of fuel from the newly established refinery. The resolution was reached following the adoption of a motion of u...
•Petrol scarcity Fresh queues have surfaced in the Federal Capital Territory (FCT), leaving motorists spending hours to buy Premium Motor Spirit (PMS), a.k.a. petrol. This followed the closure of many filling stations operated by independent marketers, reports Daily Trust. Findings by our correspondent yesterday evening, showed that many filli...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has clarified the reasons independent marketers are unable to purchase petrol directly from Dangote Refinery. The association’s president, Festas Osifo, at a press conference in Lagos, yesterday, said the issue stems from a pricing disparity between the costs at whic...
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