The long-awaited petrol from Dangote Refinery is expected to come on stream this week, a development that is a major milestone in Nigeria’s energy sector. According to two people who know the matter, the Dangote facility near the commercial hub of Lagos is on the verge of refining large amounts of petrol expected to hit the market this week. The …

As part of the drive toward eradicating malaria in Nigeria, the Federal Government has enlisted the support of prominent business leaders led by the Chairman of Dangote Group, Aliko Dangote, alongside the Chairman of Heirs Holdings, Tony Elumelu, and the Chairman of Geregu Power Plc, Femi Otedola, to lead the charge against the disease. Other members of the Council tasked …

The Federal Government has disclosed that sales of crude oil to Dangote Refinery and other local refineries will commence 1 October, 2024. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the announcement during a meeting with the Implementation Committee on Monday in Abuja. According to a post on the official X (formerly Twitter) page of …

Without moving his body, African Development Bank (AfDB) President, Akinwumi Adesina watlzed his tall frame in a dance last week. He danced to the rhythm of Gwo Gwo Gwo Ngwo of Gentleman Mike Ejeagha’s trending song track, Ka Esi Le Onye Isi Oche. A rhythmic refrain track from an album titled Akuko N’Egwu Vol. 1., Ka Esi… has a lot …

Africa’s richest man, Aliko Dangote, is not a stranger to adversity or its more sinister cousin, sabotage. One of the bitterest battles he has fought in the last 25 years – the cement war – was against his kinsman and founder of BUA Group, Abdulsamad Rabiu. Folks close to both men have tried to patch them up, but the embers …

Owners of local refineries in Nigeria, including the Dangote Petroleum Refinery, say they can help the country stop the importation of refined petroleum products in 18 months if the Federal Government works with their plans. The refiners, who spoke under the aegis of the Crude Oil Refiners Association of Nigeria (CORAN), said there are other refineries at different stages of …

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mallam Mele Kyari has said he does not own a blending plant outside Nigeria. Kyari stated this on Tuesday, reacting to claims by the President of the Dangote Group, Alhaji Aliko Dangote, that some officials of the NNPC have blending plants in Malta. Amid the crisis surrounding his …

President of the Dangote Group, Alhaji Aliko Dangote has shared that a wealthy friend who had previously advised him against investing in Nigeria is now taunting him for ignoring his advice. This disclosure came amid reports that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) criticised the quality of diesel from the Dangote Refinery. In an interview with newsmen, …

The President of the Dangote Industries Limited (DIL), Aliko Dangote, has called on the House of Representatives to investigate the quality of diesel and petrol at filling stations. Dangote made the call yesterday when he received the leadership of the House of Representatives led by Speaker Tajudeen Abbas and his deputy Benjamin Kalu in his refinery located at Ibeju-Lekki, Lagos. …

Africa’s richest man, Aliko Dangote, says his knack for industrialisation in Nigeria is the reason why he doesn’t have houses abroad. Dangote noted that having houses in London or the United States of America would distract him from his focus on making Nigeria a hallmark of industrialisation. The billionaire stated this while speaking to journalists at the Dangote Petroleum Refinery, …