Tag: Dangote
-
Why Nigerians experience high fuel prices — OPEC
Following the fuel price hike that sparked widespread concerns, with many pointing fingers at the Dangote Refinery,. the Organisation of Petroleum Exporting Countries (OPEC) has said taxes imposed by major oil-consuming countries are the primary driver of increased fuel costs.
-
Dangote Refinery can only produce 36% of petrol demand with 90,000 BPD output
Consulting firm Energy Aspects Ltd is forecasting about 90,000 barrels a day of petrol (PMS) production for the Dangote oil refinery in the fourth quarter of 2024. At full output, the refinery is expected to be able to produce about 330,000 barrels a day (bpd) of petrol (about half of its capacity), according to Randy…
-
Why Dangote refinery will disrupt Europe’s Oil & Gas industry – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has highlighted the significant impact that the $20 billion Dangote Refinery is expected to have on Europe’s oil and gas market.
-
Obasanjo gives reason why fuel importers will frustrate Dangote
Olusegun Obasanjo, a former Nigeria President, has disclosed that the people benefiting from fuel importation in the country, are doing all they can to frustrate Dangote Petroleum Refinery. Obasanjo’s statement is followed by Aliko Dangote’s claims that some ‘mafias’ were trying to frustrate the $20bn refinery. This came as it was gathered on Monday that…
-
FRSC reacts as Dangote truck crushes 5, injures 14 others
The Corps Marshal, Federal Road Safety Corps (FRSC), Malam Shehu Mohammed has directed the immediate re-inspection and recertification of Dangote fleet nationwide.
-
Nyanya Crash: FRSC orders immediate recertification of Dangote fleet nationwide
The Corps Marshal, Federal Road Safety Corps (FRSC), Malam Shehu Mohammed has directed the immediate re-inspection and recertification of Dangote fleet nationwide. Mohammed gave the order in a statement by the Acting Corps Public Relations Officer (CPRO) Mr Olusegun
-
Reps to investigate Dangote refinery, NMDPRA, NNPC rift
The House of Representatives has said that it would investigate the ongoing spat between Dangote Petroleum Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The investigation would also include the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
-
Civil society coalition condemns Dangote, NMDPRA, rift
The Centre for Credible Leadership and Citizens Awareness (CCLCA) has condemned the rift between the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Dangote Refinery, saying it is regrettable. The coalition comprising no fewer than 100 civil rights organisations made this known in a statement signed by it
-
NNPC should buy and run my refinery – Dangote
Africa’s richest man, Aliko Dangote has said he is willing to sell his oil refinery to the Nigerian National Petroleum Company (NNPC) Limited. Aliko spoke in an interview with Premium Times on Sunday. His statement comes amid a dispute between the refinery and Nigeria’s
-
Aliko Dangote not above parliament – says Reps panel
The House of Representatives Committee investigating the arbitrary increase in cement prices has stated that Alhaji Aliko Dangote is not above the parliament. The joint Committees on Commerce, Industry, Special Duties, and Solid Minerals had summoned the management o