#DANGOTE PETROLEUM REFINERY
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toogalaxyflower · 11 months ago
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FG Guarantee Investors Adequate Security For Business
The Honourable Minister of State for Defence, Dr. Bello Muhammed Matawalle MON, has reaffirmed President Bola Ahmed Tinubu GCFR’s commitment to protecting citizens, infrastructure, and investments in Nigeria. During a working visit to Dangote Petroleum Refinery on Saturday, 1st June 2024, the Minister commended Aliko Dangote’s bold investments in Nigeria, which will boost the economy, create…
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morganablenewsmedia · 5 months ago
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NNPC Boycotts Dangote Refinery Surplus
NNPC boycotts Dangote Refinery surplus as it continues to import Petrol The rift between Nigeria National Petroleum Company Limited (NNPCL) and Dangote Refinery persists as NNPC continues fuel importation. NNPC was reported to import 1,846,548.202 million metric tonnes of diesel and petrol within 1st October and 11th November, 2024, against reported surplus supply at Dangote Refinery. Reports say…
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godwin247 · 7 months ago
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Diesel price get to over 1,400, as marketers refuse buying from Dangote
The average price of diesel in Nigeria has risen by 1.93% month-on-month in August 2024, reaching N1,406.05 per liter, Nairametrics is reporting. This is according to the latest data from the National Bureau of Statistics (NBS). The month-on-month increase comes amid a growing standoff between local marketers and Dangote Refinery, with many marketers refusing to purchase the refinery’s…
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streetreporters · 8 months ago
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Dangote Refinery Petrol Price Controversy: IPMAN Slams NNPC Over 'Senseless' Pricing
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has criticized the Nigerian National Petroleum Company Limited (NNPC Limited) for selling petrol lifted from the Dangote Refinery at a higher price than imported ones. IPMAN National Welfare Officer, John Kekeocha, expressed his concerns on Channels Television’s The Morning Brief breakfast programme on Monday. “If NNPC can sell…
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touchaheartnews · 8 months ago
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Engineers Hail Dangote Petroleum Refinery As Awesome And Mind-blowing
The League of engineering bodies in Nigeria have hailed the huge scale of engineering structures at the Dangote Petroleum Refinery and Petrochemicals and Dangote Fertiliser Plant at Ibeju-Lekki, Lagos State, describing the superstructure at the complex as awesome and mind-blowing; even as the company prepares for the rollout of its premium motor spirit (PMS) product, also known as petrol. The…
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arinzeture · 2 years ago
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Facts About NIGERIA🇳🇬
1. Richest black man on earth is from Nigeria ( Aliko Dangote)
2. The richest woman In Africa is from Nigeria ( Folorusho Alakija)
3. NIGERIA is the most successful and most popoulous black nation on earth
4. Lagos is the economic hub of AFRICA
5. Nigeria has the biggest music industry in Africa
6. Nigeria has the biggest movie industry in Africa
7. Nigeria is the most successful soccer nation in Africa
8. Nigeria is the richest nation in Africa
9. Nigeria is the highest producers of petroleum products
10. NIGERIA has the largest Economy in Africa
11. Nigeria was the first African nation to position a satellite in space
12. Nigeria is the first country to win an Olympic gold medal
13. Some of Africa's greatest novelists, poets and writers are from Nigeria
14. First person to produce the fastest computer on earth is a Nigerian named Philip Emeguali.
15. Nigeria has the one and only Largest Oil refinery in Africa.
16. Nigeria has the largest fertilizer plant in Africa.
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sageglobalresponse · 8 months ago
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Why Dangote petrol is clear as water, by analyst
Dangote Petroleum Refinery Premium Motor Spirit (PMS) petrol which was rolled out into the domestic market on Tuesday, September 3, came with its distinguishing feature.
It is as white as water because the plant uses ethanol as its refining additive.
This tells more about the fuel grade that can improve engine efficiency and power.
Besides, since ethanol has an appreciable amount of oxygen, it reduces the carbonation in the engines, thus, pruning the amount of carbon dioxide emission.
The analyst said: “Petrol has different colors depending on the additives used during refining. When it’s Red that means Octane was added.
“When it’s slightly Green then Octane is slightly very much. When is Yellow it means it has no lead in it. That means it’s unleaded.
“But when it’s clear as water as seen in the video then you should know that ethanol was used. What ethanol does is that it improves engine efficiency and power.
“Because ethanol has a good amount of oxygen it lessens the amount of carbonation in engines thereby reducing air pollution which comes as Carbon dioxide. So this is the best form of Petrol.”
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akeliciousmedia · 11 days ago
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N14bn Loss Looms For Marketers After Dangote Petrol Price Cut
With the new price drop in the ex-gantry cost of locally refined Premium Motor Spirit, also known as petrol, announced last week by the Dangote Petroleum Refinery, importers of the product may lose an average of N466.62m daily and N13.998bn monthly, The PUNCH reliably gathered on Sunday. This was as fresh industry data revealed that the average landing cost of a litre of imported petrol is now…
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emmynet24 · 15 days ago
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Filling Stations Yet To Adjust As Dangote Reduces Petrol Price Again
LAGOS, NIGERIA – April 16, 2025 – For the second time in just one week, the Dangote Petroleum Refinery has announced a new cut in the price of premium motor spirit (PMS), popularly known as petrol. The new ex-depot price (gantry price) has been reduced from N865 to N835 per litre. This follows a previous reduction from N880 to N865 earlier in the same week. Despite the price drop, most filling…
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mouthpiecengr · 15 days ago
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Dangote Refinery Reduces Petrol Price By 3.5% To ₦‎835 Per Litre 
In a significant development, Dangote Petroleum Refinery has announced a further reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol. The new price is set at N835 per litre, down from N865 per litre, marking a 3.5 per cent decrease. This price adjustment follows the recent decline in global crude oil prices, which have dropped to $64 per barrel from over $70…
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morganablenewsmedia · 7 months ago
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IPMAN Buys Petrol At N995 Per Litre
IPMAN buys petrol at N995 per litre as DSS’ intervention resolved lingering issues Amidst ongoing incessant increase in the price of Premium Motor Spirit (PMS), popularly known as petrol, across the country, Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated the Nigerian National Petroleum Company Limited has agreed to sell the products to the members of the body at N995…
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angelo-tiger-woods · 19 days ago
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Read this: Here is a dialogue between President Macron and Angelo (POW):
President Macron (PM): Angelo, I received your letter regarding the petroleum refinery in the Puntland region. You’ve made some compelling points, but I’d like to better understand why the Dangote Group must be the exclusive partner in this venture. Could you elaborate on why we shouldn’t consider other potential companies?
Angelo (POW): Absolutely, Mr. President. Trust is at the core of any successful project, especially one as significant as this. The Dangote Group has a proven track record of success, particularly in large-scale infrastructure projects across Africa. They are deeply embedded in the local environment, and their experience will ensure the project proceeds smoothly without interference from foreign governments or external actors. Their capabilities are unmatched, and they’ve earned our trust. No other company could match their level of commitment or reliability.
PM: I understand your point about trust. But why the need to exclude other companies entirely? Couldn’t we at least have a backup plan, or allow other firms to bid for parts of the project?
Angelo (POW): The risk of allowing other companies into the project is simply too great, sir. There’s a very real danger of foreign interference, either politically or economically, which could compromise the sovereignty of the Somali nation. The Dangote Group is trusted not only by the Nigerian government but also by leaders across Africa. Having them as the sole partner guarantees the project’s success and ensures it remains entirely in our hands.
PM: I see. So it’s about safeguarding sovereignty and ensuring that the refinery stays entirely within African hands. Now, regarding funding—why Samsung? Why not involve other global financial institutions?
Angelo (POW): Samsung’s backing, Mr. President, is crucial for this project. It’s not just about financial resources—they are a world-class entity with the ability to deliver large-scale projects. Samsung and the Dangote Group together can fund the entire $20 billion cost of construction without involving any foreign governments. This means the project will be insulated from international pressures, and both the Macron family and the Somali monarchy can maintain their independence. This is a private-sector driven initiative, with no need for political intervention.
PM: That’s a bold proposal, Angelo, but I see the value in it. If I were to reach out to Lee Jae-yong, Samsung’s Chairman, to discuss this, what would be the next step? How do you see the partnership taking shape?
Angelo (POW): The next step would be for you, Mr. President, to facilitate the conversation with Chairman Lee. Once Samsung commits to funding the project, the Dangote Group and Samsung should convene for a board meeting. At this meeting, we can finalize the project details and begin the process of mobilizing resources and initiating construction. Both companies have the expertise to ensure the refinery will be a success, and with your leadership, we can guarantee that no external parties will interfere.
PM: Understood. I’ll initiate that conversation with Lee Jae-yong. It’s clear that this initiative has the potential to be transformative, not only for Puntland but also for the relationship between our nations. But I must emphasize that we need to ensure complete transparency in all dealings, and I trust you will ensure that both Samsung and Dangote uphold the highest standards throughout this process.
Angelo (POW): Absolutely, Mr. President. Transparency will be key, and I am fully committed to making sure that the integrity of the project remains intact. The Dangote Group and Samsung are the ideal partners for this, and we will take every step to ensure its success, free from any external influence.
PM: Very well, Angelo. I’m on board. I’ll make the arrangements with Chairman Lee and set up a meeting with Aliko Dangote as well. We’ll make this project a reality and secure the future of Puntland’s sovereignty and prosperity.
Angelo (POW): Thank you, Mr. President. Your leadership is pivotal, and I’m confident this will be a remarkable step for both Africa and the global community. I look forward to working with you on this.
PM: The pleasure is mine. We’ll proceed with careful consideration and make sure this project is a success. I’ll be in touch soon with the next steps.
Angelo (POW): Until then, Mr. President. And thank you again for your support.
This dialogue highlights the key points from the letter. It reflects the importance of trust, sovereignty, and the partnership between the Dangote Group, Samsung, and the Macron family in ensuring the success of the refinery project.
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smlblogtv · 1 month ago
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Price Of Petrol Across Regions In Nigeria Emerge As MRS, Other Stations Raise Rates
MRS Filling Station has announced a new pricing structure, raising its pump price for petrol to ₦930 per litre in Lagos and ₦960 for residents in northern Nigeria. The price hike, which took effect on March 28, 2025, follows the recent suspension of the sale of petroleum products in naira by the Dangote refinery. This represents an increase of ₦70 from the previous price of ₦860 per litre in…
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tracknews1 · 1 month ago
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Nigeria’s Oil Crisis: Marketers Condemn FG’s Naira Deal with Dangote Refinery
The Executive Secretary of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Olufemi Adewole, has criticized the Federal Government’s decision to sell crude oil in naira to the Dangote Petroleum Refinery. Adewole expressed concerns over the policy, arguing that it could have negative economic implications and create an uneven playing field in the downstream sector. The…
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gurutrends · 1 month ago
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Dangote Refinery Suspends Sale of Petrol in Naira
Dangote Refinery Suspends Sale of Petrol in Naira Dangote Refinery has announced a temporary suspension of petroleum product sales in naira, citing the need to align its sales currency with its crude oil procurement obligations, which are currently denominated in U.S. dollars. In a statement issued on Tuesday, the refinery wrote:  “We wish to inform you that Dangote Petroleum Refinery has…
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akeliciousmedia · 11 days ago
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NNPC Reduces Petrol Price to N935 per Litre in Abuja
The Nigerian National Petroleum Company Limited (NNPC) has reduced the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to N935 per litre at some of its retail outlets in Abuja. The adjustment was observed across several filling stations in the Federal Capital Territory over the weekend. This development comes shortly after Dangote Refinery announced a reduction in its…
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