Dangote

What Nigeria stands to gain from FG, Dangote’s deal — NECA

By Victor AhiumaYoung The Nigeria Employers Consultative Association, NECA, has lauded what it considered a landmark agreement between the federal government and the Dangote refineries on the sale of petrol to the Nigerian National Petroleum Corporation Limited, NNPCL. According to the employers’ body, the pact can signal the end of petrol scarcity and also lead […]
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Enforce the PIA act on crude supply, Dangote urges NUPRC

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.

Rating: GCR affirms Dangote Industries Limited AA+(NG)/ A1+(NG)

….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 […]

Dangote Refinery: South-East Youth Group tackles NMDPRA

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.

It’s game, set and match — ALIKO DANGOTE

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 […]

Dangote Refinery: Aliko needs to learn from Bart Nnaji; he shouldn’t give up

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 […]

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