Management of Dangote Petroleum Refinery has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to enforce the domestic crude supply obligation as specified in the Petroleum Industry Act (PIA), insisting that refineries in Nigeria should be allowed to buy crude directly from the companies that produce it in Nigeria rather than from international middlemen, as enshrined in the PIA act.

The Management of Dangote Petroleum Refinery has insisted that it is not yet getting enough crude required for the effective optimization of its refinery from the Nigerian National Petroleum Corporation Limited (NNP).

….strong earnings prospects from the new refinery GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term issue rating of AA+(NG) accorded to each of Dangote Industries Funding Plc’s Series […]

“Gasoline remains short, but the country will need to import just 75,000 b/d in 2025 compared to 350,000 b/d in 2023″

Following the disagreement between the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Dangote refinery, the South East Youth Vanguard for Good Governance (SEYVGG), Tuesday called on President Bola Ahmed Tinubu to dismiss Mr. Farouk Ahmed, Chief Executive Officer (CEO) of NMDPRA.

President Bola Ahmed Tinubu, has directed the Nigerian National Petroleum Company Limited, NNPCL, to sell crude to Dangote Refinery in Naira.

The Arewa Youth Assembly, AYA, has urged billionaire businessman, Aliko Dangote to respect and obey Nigerian National Petroleum Company Limited, NNPCL as the country’s regulatory body.

By Prisca Sam-Duru The biggest issue trending for days in Nigeria is Dangote and his $20 billion refinery. A lotof reactions and comments have trailed the recent comments on Dangote Refinery. Trouble began when the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), stated that the government was yet to licence the Dangote refinery to […]

STAKEHOLDERS of the South-South have called on President Bola Tinubu to fish out and penalize the petrol barons operating underground to upset the working of refineries in the country, including the recently established Dangote Refinery.

By C. Don Adinuba No patriotic Nigerian should be delighted at the grave challenges facing the 650 barrels per day Dangote Refinery in Lagos. The challenges make efficient operations very difficult. Though Nigeria is a major oil exporter, the refinery commissioned early last year is now compelled to import crude from Brazil. The Nigerian Midstream […]

Netizens on Tuesday called on the federal government to support local investors and visionary business leaders, highlighting Chairman of Dangote Refinery, Aliko Dangote as the nation’s treasure.

The Manufacturers Association of Nigeria, MAN, has cautioned the federal government against demarketing local industries.

The presidential candidate of Labour Party in the 2023 election, Peter Obi and President of African Development Bank, AfDB, Adewunmi Adesina, yesterday expressed concern over the feud between the Dangote Group and federal regulators over the Dangote Refinery.

The Chairman Dangote Industries Limited, Aliko Dangote has been invited by President Brice Oligui Nguema of Gabon to invest in cement and fertiliser production in the country, media office of Dangote Group said on Tuesday.

“A blending plant in Malta or any part of the world has no influence over NNPC’s business operations and strategic actions.”