The operational ramp up of the 650,000 barrels per day Dangote Petroleum Refinery & Petrochemicals is fundamentally reshaping Nigeria’s downstream oil sector, significantly reducing the country’s dependence on imported refined petroleum products and strengthening its external position, according to the…
Pump Price Drops to N739 in Lagos as Dangote Promises Further Relief for Nigerians, Pains for Importers
Less than 24 hours after the President of Dangote Group, Aliko Dangote, announced an imminent reduction in petrol prices, filling stations operated by the refinery’s lead offtaker, MRS Oil Nigeria Plc, have begun selling Premium Motor Spirit (PMS) at N739…
Dangote Refinery and the 2025 Downstream Price Adjustment: A Structural Reset, Not a Crisis
Following my appearance on Africa Independent Television (AIT) Kakaki, it is important to clarify the ongoing developments in Nigeria’s downstream petroleum sector, particularly in light of the recent price adjustments associated with the Dangote Petroleum Refinery. What Nigeria is witnessing…
MEMAN: Fuel Subsidy Removal Heralds New Era of Innovation in Nigeria’s Downstream Sector
Emphasizes The Downstream Sector Has Entered New Era of Digital and Clean Energy Innovation The Major Energy Marketers Association of Nigeria (MEMAN) says the removal of fuel subsidy has opened a new chapter of deregulation in Nigeria’s downstream oil…
Dangote Refinery Unveils 1.4 Million/BPD 3-year Plan to Double Capacity – To Anchor Nigeria’s Energy Independence and Africa’s Industrial Growth
L-R: President/CE, Dangote Industries Limited Aliko Dangote; Vice President, Oil & Gas, Dangote Industries Limited, Devakumar Edwin; Group Executive Director, Commercial Operations, Dangote Industries Limited, Fatima Aliko Dangote; Executive Director, Operations, Dangote Sugar Refinery Plc, Mariya Aliko Dangote during the…
Dangote: We ended 50 years of Fuel Queues — Creating Jobs, Supporting Africa’s Industrialization
Image: Dangote Compressed Natural Gas (CNG) trucks loading Premium Motor Spirit (PMS) at the Dangote Petroleum Refinery gantry (Inset: L–R: Group Executive Director, Commercial Operations, Dangote Industries Limited, Fatima Aliko Dangote; Vice President, Oil and Gas, DIL, Devakumar Edwin; President/Chief…
Manufacturers, Stakeholders Hail Dangote Polypropylene as Market Breakthrough
L-R: Dr Segun Alabi, Assistant Director, Corporate Affairs & Communications, Manufacturers Association of Nigeria; Shridhar Krishnamurthy, General Manager, Export Operations (Nigeria), Vinmar International, LLC; George Pearson, West Africa Regional Director, Montgomery Group Afrocet/Event Organiser, and Leonard Segooa, Head of Sales…
Dangote Says President Tinubu Listens – Affirms His Policies Are Reviving the Private Sector
L-R, Vice President, Oil and Gas, Dangote Industries Limited, Devakumar Edwin; Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole; President / CE, Dangote Industries Limited, Aliko Dangote; Chief Executive Officer, Independent Project Monitoring Company Limited (IPMC), Robert Ade-Odiachi, during…
Dangote’s ₦720bn – 4000 CNG Trucks Rollout Set to Save Nigerians ₦1.7trn Annually
Empower 42 Million MSMEs In a transformative move for Nigeria’s energy and logistics sectors, Dangote Petroleum Refinery has disclosed that its ₦720 billion investment in 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide delivery of petroleum products would save…
MEMAN: Nigeria’s Fuel Import Costs Surge Amid Forex Pressures and Crude Price Stability
Nigeria’s downstream oil market is facing heightened volatility as new data from the Major Energy Marketers Association of Nigeria (MEMAN) Competency Centre reveals a significant rise in the estimated cost of importing refined petroleum products. The MEMAN Energy Bulletin released…