Dangote crashes petrol prices to N899/litre, leaving importers reeling

Dangote Refinery has announced a significant reduction in petrol prices, with rates dropping to as low as N899 per litre for two million litres. This move marks a continued effort by the refinery to stabilise the market and enhance supply…

We signed 13 years Interconnection agreement with Dangote –Pinnacle

Pinnacle Oil & Gas said it had earlier signed a 13-year Interconnection Agreement Dangote Refinery, leveraging on its $1 billion Petrol Terminal for petroleum distribution efficiency across the country. Giving a further clarification on the deal, at the media briefing…

As Nigeria Clocks 64: Narratives on her second economic independence — Magnus Onyibe

Nigeria is experiencing a renewed wave of independence from colonial influences, this time achieving it through energy independence via the domestic refining of its rich crude oil resources. This transformation is being spearheaded by indigenous investors who own refineries, representing…

Tinubu directs NNPC to sell crude to Dangote Refinery in naira

President Bola Tinubu has directed the Nigerian National Petroleum Company Limited to sell crude to Dangote Refinery and other upcoming refineries in Naira. The Special Adviser to the President on Information and Publicity, Bayo Onanuga, made this known in a…

Petrol subsidy removal, Dangote Refinery as best kept secret —  Magnus Onyibe

Hitherto,Nigeria had been known as a net exporter of crude oil and a perpetual importer of refined petroleum products. As we all know crude or raw products are sold for very little while processed or finished products attract a much…

LASG advises residents to plan movements on Dangote Refinery inauguration day

Lagos State government on Tuesday advised residents to plan their movements around Lekki-Epe corridor ahead of the proposed inauguration of Dangote Refinery by President Muhammadu Buhari on May 22. Commissioner for Transportation, Dr Frederic Oladeinde, stated at Ikeja that residents…

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