Dangote refinery

After over a year of its launch in May 2023, Dangote Refinery, on Tuesday, rolled out its first Premium Motor Spirit (PMS), also known as petrol, from its 650,000 barrels per day facility. At a press conference, owner of the…

The management of the Dangote Refinery has dismissed reports of a fixed petrol price of ₦600/litre, calling them “speculative announcements” with no basis. This was contained in a statement signed on Tuesday by the Group Chief…

The Federal Executive Council (FEC) has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other local refineries in naira and not in United States greenback. Federal Inland…

Former Kano State Governor, Rabiu Kwankwaso, has expressed concern over what he termed “unnecessary fuss” created by vested interests, which he believes could damage investor confidence in the Nigerian economy. This is in the wake of…

Aliko Dangote, Africa's richest man and chairman of the Dangote Group, has leveled serious accusations at unnamed actors within Nigeria's oil sector, alleging attempts to sabotage the construction of the Dangote Refinery. Speaking at…

Former Governor of Edo State, Senator Adams Oshiomhole, on Thursday recommended death penalty for economic saboteurs attempting to frustrate Dangote Refinery and push Nigerians into further hardship. The senator representing Edo…

The Chairman of the Dangote Group Aliko Dangote has accused those he described as oil mafia of trying to sabotage the refinery project. Dangote who was speaking at the Afreximbank annual meetings (AAN) and AfriCaribbean Trade and…

Africa’s richest man and Chairman of the Dangote Group, Aliko Dangote, has said that following the laid-down plans of the Dangote Refinery, Nigeria will no longer need to import gasoline starting next month. Dangote also stated that…

The Nigerian Army, on Monday, said it has dismissed two soldiers, Corporal Innocent Joseph, and Lance Corporal Jacob Gani, accused of stealing armoured cables at the Dangote refinery on April 14, 2024. The soldiers had entered the…

The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has said the newly inaugurated Dangote Petrochemical Refinery, Port Harcourt Refinery, Warri Refinery and modular refineries in the country may not get enough crude…

The Dangote Petroleum Refinery and Petrochemicals has registered three oil marketers’ associations for distribution of diesel and aviation fuel. In a post on X (formerly Twitter) on Tuesday, the company owned by Africa’s richest man,…

Dangote Refinery says it has received its first one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO) in a major step towards increasing Nigeria’s local refining capacity. In…

The Management of Dangote Refinery has refuted a claim that the corporation hired 11,000 competent workers from India while supposedly ignoring young people from Nigeria and other African nations. The claim was made on the web platforms…

Nigeria’s new Dangote petroleum refinery is Africa’s biggest – it will produce 650,000 barrels a day, giving it the potential to address the country’s energy supply crisis. Owned by Nigerian industrialist and Africa’s richest man,…

President Muhammadu Buhari said he is "happy to leave" the Nigerian economy in capable hands as his term comes to an end in exactly one week on Monday in Lagos. He also voiced confidence in Bola Tinubu, the incoming president of…