Former President Olusegun Obasanjo has said that those benefiting from the lucrative business of fuel importation are going to make efforts to frustrate the Dangote Petroleum Refinery. Obasanjo stated this in the wake of allegations by the President of the…
Former President Olusegun Obasanjo has suggested that those benefiting from fuel importation are likely to obstruct the Dangote Petroleum Refinery. Obasanjo’s comments follow allegations by Aliko Dangote that certain groups are trying to sabotage his $20 billion refinery project. He…
…No market can afford Dangote’s price rate — IPMAN By Matthew Denis The Federal Executive Council (FEC) has ordered the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other local refineries in naira. The…
…As Reps urge President Tinubu to suspend NMDPRA boss …I will sanction any NNPC’s employee operating blending plant in Malta — Kyari By Esther Agbo and Seun Ibiyemi Nigerian businessman and philanthropist, Femi Otedola and President of the African Development…
The Joint Committee of the House of Representatives investigating arbitrary rise of cement price in the country has asked major producers in the industry to tender documents on cost production to justify the price of cement in the market. The committee…
…Commends NUPRC for publishing Domestic Crude Supply Obligation Guidelines …Says trading arms offer cargoes at $2-$4 per barrel, above NUPRC official price The Management of Dangote Industries Limited (DIL) says International Oil Companies (IOCs) are using their trading arms to…
President of Dangote Group, Aliko Dangote, on Sunday stated that his company’s aim is to become the leading supplier of foreign exchange in the FX market soon, as it targets $30 billion in revenues by the year 2025. During a…
…Laments $500m loss over petrochemical facility delay in Ogun state …As NNPC Ltd unable to pay for 20% stake President of the Dangote Group, Aliko Dangote has revealed plans to list the Dangote refinery and Fertilizer company on the stock…
…Says foreign investors will only come when local investors are thriving …As VP Shettima harps on local content By our Correspondents President of the Dangote Group, Aliko Dangote, has made a case for the Federal Government (FG) of Nigeria to…
…As NMDPRA insists imported diesel meets regulatory standards By Esther Agbo and Afolabi Ifeoluwakitan Following the claim by Dangote Industries Limited (DIL), that Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is granting licences to import banned diesel, aviation fuel,…
