… Donates N8bn to Presidential Library, Pledges N2bn Annually Until Completion The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has praised former Head of State, Gen. Ibrahim Badamasi Babangida, popularly known as IBB, for implementing policies that…
Petrol Now N890 – Dangote Refinery Crashes Ex-Depot Price
From today, Saturday February 1, Nigerians will now pay lower rates for Premium Motor Spirit (PMS), commonly known as petrol. This is as the Dangote Petroleum Refinery, earlier today reduced the ex-depot price of PMS from N950 to N890 per…
CORAN: Dangote Asserts Africa Can Achieve Self Sufficiency in Petroleum Products Supply and Use; With 1.8mbpd Expected in 2025.
Highlights the need to boost crude oil production to support new refining capacity. Aliko Dangote, Chairman of Dangote Refinery has emphasized that Africa can become self sufficient in petroleum products supply and consumption; as well as position itself as a key player…
Dangote calls on African business leaders to drive continent’s transformation
The Dangote Group has expanded from Nigeria to 14 countries across the continent, spanning multiple sectors from cement to fertilizers, sugar to oil refineries, petrochemicals, agriculture and more The President and Chief Executive of the Pan-African conglomerate, Dangote Group, Aliko…
Dangote Refutes Reuters Report on Crude Oil Reselling
The Management of Dangote Petroleum Refinery has strongly refuted a Reuters report suggesting that it is reselling crude oil shipments. The report, published on Wednesday, alleged that technical issues at the refinery had led to the resale of crude from…
Lokpobiri, Minister of State for Petroleum Resources Holds Key Meeting with Dangote, Regulatory Authorities, and NNPC Leadership
Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil) today led a crucial meeting involving top stakeholders to address issues surrounding the Dangote Refinery. Key participants included; Aliko Dangote, Chairman and CEO of Dangote Group; Farouk Ahmed, CEO of…
From 20 to 7.5: Dangote, NNPC in Stalemate Over Refinery Equity Share – IPO on the Horizon
In a surprising twist to the Dangote Refinery saga, disclosures have been made that the supposed 20percent equity investment by NNPCL in the Refinery is actually 7.5percent. This disclosure was made by Aliko Dangote himself at a media briefing earlier…
Dangote Refinery: Aliko Explains How IOCs Frustrate Refinery Project, Sets to Flood Market with PMS Next Month
…………Expands Plant To 5.3 Billion Litres and Offsets $2.4 Billion out of $5.5 Billion loan…… ……..….Lauds Afreximbank and Nigeria’s Access Bank for supporting the project…. Last week in the Bahamas, Aliko Dangote, President of Dangote Group, explained how international oil…
Dangote Refinery Buying More Crude From The U.S
Apparently unable to receive required stock in the domestic market, Dangote refinery the largest in Africa, is set to import crude from the US in the coming months, a sign of just how competitive American barrels have become in the…
Dangote Refinery Secures Licence to Refine 300,000bpd Crude
Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline soon. “We don’t want to start our refinery with foreign…