Dangote Petroleum Refinery has raised its ex-depot price for Premium Motor Spirit, (also known as petrol) to N880 per litre, from N825 per litre, a difference of N55 per litre. The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima confirmed the development to TheCable on Saturday. ‘We are aware that the refinery has reviewed the …

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the Dangote Petroleum Refinery should sell Premium Motor Spirit (petrol) below the current N825 per litre price being sold by the Lekki-based plant. IPMAN Publicity Secretary, Chinedu Udadike, in an interview with Sunday PUNCH, stated that the refinery had the necessary enabling factors to sell petrol below its current ex-depot …

Aliko Dangote names the access road to the Dangote Refinery ‘Bola Ahmed Tinubu Road’ in honour of President Tinubu’s support for the private sector and vision for the Lagos Free Trade Zone

The Dangote Petroleum Refinery has announced a fresh reduction in the pump price of Premium Motor Spirit (petrol) across the country, with new rates now ranging from N875 to N905 per litre, depending on location. The new price regime, which marks a N15 reduction per litre across all regions and partner retail outlets, was posted on the official social media …

The Lagos State Government is investigating the employment of 89 labourers from Katsina State at Dangote Refinery, Ibeju-Lekki, Lagos. The development comes after a recent viral video showed the young men arriving in Lagos and converging on the Ibeju-Lekki area of the state, sparking security concerns among locals, and on social media. The Lagos State Police Command last Friday debunked …

The President of Dangote Group, Alhaji Aliko Dangote, says he is still fighting for the survival of his $20 billion refinery, stressing that the fight is not yet finished. Dangote expressed optimism that he would win the fight for the refinery, stating his determination to fight on. According to Semafor, an international news medium, Africa’s richest man spoke at an …

The Dangote refinery has informed marketers and its customers of a downward review of its ex-gantry loading cost to N865 per litre. The new price is a reduction of N15 from N880 per litre sold by the facility on Wednesday. The PUNCH gathered that the refinery informed its customers in a notice sent out on Thursday morning. A Pro forma …

NNPC Limited (NNPCL) has strongly refuted claims alleging the termination of the Naira-for-Crude agreement with Dangote Refinery. NNPCL emphasised that it has consistently supplied the refinery with a total of 84 million barrels of crude oil since the refinery began its operations in 2023. In a statement on Monday, the NNPCL Chief Corporate Communications Officer, Mr. Olufemi Soneye stated that …

Billionaire Aliko Dangote has described his $23 billion Dangote Refinery project as the ‘biggest risk’ of his life, acknowledging the challenges he faced in bringing the venture to fruition. In an exclusive interview with Forbes on Monday, Dangote opened up about the risks involved in such a massive undertaking. ‘It was the biggest risk of my life. If this didn’t …

Officials of the Dangote refinery have said the controversial fuel allegedly bought from a filling station belonging to the Nigerian National Petroleum Company Limited (NNPCL) did not emanate from the refinery. The officials, who spoke to Sunday PUNCH on condition of anonymity, said Nigerians testified to the quality of the Premium Motor Spirit (PMS) from the Dangote refinery because they …