As Nigerians anticipate the arrival of petrol from the $20 billion Dangote Petroleum Refinery, the Nigerian National Petroleum Company Limited (NNPC) has announced that it will begin lifting the product on September 15. However, NNPC has indicated that the price…
Dangote Group has refuted claims that the Nigerian National Petroleum Company Limited (NNPCL) is currently sourcing petrol from its refinery at a rate of N897 per litre. In a statement issued on Thursday, Anthony Chiejina, the Group’s Chief Branding and…
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that it has delivered 30 million barrels of crude oil to the Dangote refinery, with an additional 17 million barrels scheduled for supply in the near future. Adedapo Segun, Executive Vice…
On Tuesday, businessman Aliko Dangote announced that the Federal Executive Council (FEC) is currently formulating a new pricing strategy for petrol produced at the Dangote Refinery. The facility, which has a capacity of 650,000 barrels per day, officially launched its…
Business mogul Aliko Dangote has announced that petrol from his refinery, which processes 650,000 barrels per day, is expected to reach filling stations within the next 48 hours, pending final agreements with the Nigerian National Petroleum Company Limited (NNPCL). This…
In September, the Dangote Oil Refinery is set to provide 25 million litres of petrol to the Nigerian market. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced on Tuesday that this amount will increase to 30 million litres…
Billy Gilly-Harry, President of the Petroleum Products Retail Outlets Owners Association of Nigeria, has issued a warning about a potential increase in the price of Premium Motor Spirit (PMS), commonly known as petrol, in the near future. This alert comes…
The Dangote Petroleum Refinery has announced that if the Nigerian National Petroleum Company Limited (NNPC) and other local petroleum distributors do not engage with its offerings, the refinery will be compelled to export its Premium Motor Spirit (PMS), commonly known…
The Dangote Petroleum Refinery is poised to commence the distribution of Premium Motor Spirit (PMS), commonly known as petrol. This development follows a recent test-run of the product at the refinery, which boasts a capacity of 650,000 barrels. Industry insiders…
The outlook for resolving Nigeria’s petrol shortage is growing increasingly grim due to mounting difficulties faced by the Federal Government. A massive $6 billion debt to petrol suppliers and a severe liquidity crisis are severely limiting the government’s ability to…
