The Nigerian National Petroleum Company Limited (NNPC) has reportedly stepped aside as the sole buyer of petrol from the Dangote Refinery. This means NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery. This is according to a report from online news media, Premium Times, on Monday, … Read more
Two groups, De Renaissance Patriots Foundation and Ibeju-Lekki Peoples Forum, have sued the Lagos State Government, asking Governor Sanwo-Olu to provide details of the $100 million Aliko Dangote said he paid for the land he sited his refinery. The suit filed and registered with suit no FHC/L/CS/1603/2024, at the Federal High Court, in Ikoyi, has … Read more
The $20bn worth Dangote Petroleum Refinery has commenced the sale of Automotive Gas Oil, popularly called diesel, to oil marketers nationwide. The sales of diesel which started last week was confirmed by dealers and officials of the plant on Tuesday. The National President, the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi said; “They started … Read more
Ibifiri Bobmanuel who is the current President of the Rivers Entrepreneur and Investors’ Forum, has madd some revelation related to how actions of the Rivers State Government and some local governments in the state contributed to the reasons that made Dangote Petroleum Refinery to be moved from Rivers State to Lagos State. Bobmanuel during an … Read more
The new year, which will dawn in a few days, has been widely described as a defining moment for Nigeria. From the critical decisions that must be taken to accelerate economic activities, to the choice of candidates, particularly the presidential candidates, by the two leading political parties in coming elections, and the interventions by some … Read more
