Ogun State, Nigeria, World News & Stories
7 posts.
Petroleum marketers in Nigeria may soon stop importing petrol after the Dangote Petroleum Refinery cut its ex-depot price by ₦49 per litre last Friday. This price reduction has changed the competition in the fuel market, with major and independent marketers admitting that Dangote’s new pricing makes importing petrol less profitable. The refinery now sells petrol…
Dangote Refinery to Expand Capacity from 650,000 to 1.4 Million Barrels Per Day The Dangote Refinery is set for a major expansion that will boost its capacity from 650,000 barrels per day (bpd) to 1.4 million bpd — a move that will make it the largest refinery in the world, surpassing India’s Jamnagar Refinery. Announcing…
• National grid loses 1,000MW as strike cuts gas supply• Umahi urges oil workers to prioritise national interest• NECA, MAN condemn refinery dispute The standoff between the Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) ended on Wednesday after marathon negotiations mediated by federal authorities. Under the agreement, the…
Dangote Petroleum Refinery has reduced the price of Premium Motor Spirit (PMS) from ₦990 to ₦970 per litre for marketers. The announcement was announced in a statement released by Anthony Chiejina, Group Chief Branding and Communications Officer. The statement read: “As the year comes to an end, this is our way of appreciating the good…
With PMS(Petrol) consumption at 99%, FX challenges may continue Dangote Refinery and other modular refineries in Nigeria are changing their production focus away from premium motor spirit (PMS) due to the reintroduction of fuel subsidies in President Bola Tinubu’s administration, The Guardian has reported. Dangote Refinery, a major player in the industry, is gearing up…
The Dangote Petroleum Refinery Group Executive Director says Dangote Refinery is set to begin refining petrol by November 30, 2023, and diesel and jet fuel operations by October 2023. Dangote Refinery plans to start making petrol by November 30, 2023, and diesel and jet fuel by October 2023. According to Devakumar Edwin, the group’s executive…
Prince Dapo Abiodun, Ogun State Governor, has lamented that Ogun State lost the $16 billion Dangote Refinery to Lagos because of former Governor Senator Ibikunle Amosun’s disagreement with Aliko Dangote. The Governor spoke 23 December while delivering the Convocation Lecture at the 2nd and 3rd convocation ceremony of the Mountain Top University, Ibafo, Ogun state.…
