#dangote refinery
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BREAKING: Dangote Refinery reduces petrol price to N899.50k/litre
BREAKING: Dangote Refinery reduces petrol price to N899.50k/litre The goal of the price reduction is to lower transportation costs as holiday activities pick up steam. It comes after a previous drop to N970 per litre on November 24. The refinery also announced the launch of a special holiday offer in a statement released on Thursday by Anthony Chiejina, Group Chief Branding and Communications…
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NNPCL, Dangote Refinery Resume Fight Over $1bn Loan
NNPCL, Dangote Refinery Resume Fight Over $1bn Loan
Dangote Group, owners of Dangote Refinery, and the Nigerian National Petroleum Company Limited, NNPCL, have clashed over a $1 billion crude oil-backed loan. Recall that barely 24 hours ago, in a statement credited to NNPCL spokesperson Olufemi Soneye, the state-owned oil firm said it secured a $1 billion loan backed by crude to support the Dangote Refinery during liquidity challenges. However,…
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Nigeria: Dangote Refinery Accuses Fuel Importers Of Undermining Local Production
By Sunday Elijah, Lagos In a heated exchange, Dangote Refinery has called out fuel importers in Nigeria for allegedly undermining local refining efforts with claims of cheaper petrol imports. The refinery, which sets its Premium Motor Spirit (PMS) prices at N990 per litre for truck deliveries and N960 per litre for shipments, insists that their pricing is competitive and meets international…
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990/liter for PMS not considerate — Nigerians drag Dangote Refinery
Some Nigerians have taken to social media to react to the recently disclosed petrol prices from Dangote Refinery. @goldmynetv reports that Dangote Refinery revealed its petrol prices following claims by the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) that they import petrol at cheaper rates. In…
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IPMAN Needs NNPC Approval To Lift Petrol – Dangote Refinery
IPMAN needs NNPC approval to lift petrol – Dangote Refinery, as it awaits NNPC’s go-ahead In a statement on Thursday, Dangote Refinery revealed that it was yet to receive go-ahead from Nigeria National Petroleum Company Limited (NNPCL) to supply Premium Motor Spirit, widely known as Petrol, to the members of the Independent Marketers Association of Nigeria. This revelation was made on Thursday…
#Dangote Refinery#IPMAN#Local Consumption#MEMAN#PETROAN#Petrol< Nigeria#Premium Motor Spirit#President Bola Tinubu
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Marketers Resume Petrol Importation as Dangote Refinery Fails to Meet Target
Petroleum marketers have resumed importing petrol to supplement the country’s fuel supply, following the inability of the Dangote Refinery to meet demand. Four vessels carrying 123.4 million litres of Premium Motor Spirit (PMS) arrived at Nigerian seaports between Friday, October 18, and Sunday, October 20. TrackNews Media reported earlier that the failure of the 650,000 barrels per day Dangote…
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Nigeria's petroleum marketers have accused Dangote Refinery of implementing a secret petrol price regime
Dangote Refinery is allegedly running a secret petrol pricing scheme, according to Nigerian petroleum traders. Billy Gillis-Harris, the president of the Petroleum Products Retail Outlets Association of Nigeria (PETROAN), revealed this in an interview with Channels Television. Gillis-Harris pushed Dangote Refinery’s management to be transparent, seek feedback from interested parties, and permit…
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Nigerian State Oil Company NNPC To Supply Gas to Dangote Refinery
The agreement, signed by the Managing Director, NGML, Barr. Justin Ezeala and the President/CEO of the Dangote Group, Aliko Dangote on Tuesday at the Corporate Head Office of Dangote in Falomo, Lagos State, outlines the supply of natural gas for power generation and feedstock at the Dangote Refinery, in Ibeju-Lekki, Lagos State. The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian…
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Allow Oil Marketers To Lift Petrol Directly From Dangote Refinery, LawmakersTell FG
The house of representatives has asked the federal government to allow oil marketers to buy premium motor spirit, also known as petrol, directly from the Dangote Petroleum Refinery. The resolution was passed during a plenary session on Thursday sequel to the adoption of a motion of urgent public importance sponsored by Oboku Oforji, a lawmaker from Bayelsa state. On September 14, the federal…
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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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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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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…
#Dangote Refinery#Hammed Fashola#Independent Petroleum Marketers Association of Nigeria#IPMAN#Nigerian National Petroleum Limited#NNPc#Petrol#Premium Motor Spirit
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Dangote Refinery Petrol To Be Sold At N950-N1,019 Across Nigeria – NNPC
The Nigerian National Petroleum Company Limited, NNPC Limited has released estimated pump prices of Premium Motor Spirit, PMS also known as petrol, obtained from the Dangote Refinery, across its retail stations nationwide. In a statement issued on Monday by NNPCL Chief Corporate Communications Officer, Olufemi Soneye, the company clarified that PMS prices are not set by the government but…
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