In a recent announcement, Dangote Refinery has confirmed that its ex-depot petrol price remains steady at N699 per litre. The refinery communicated this update via its X account on Thursday, emphasizing the immediate availability of petrol for collection by petroleum marketers. This announcement follows a period where retail petrol prices in Abuja have seen a…
Aliko Dangote, the esteemed chairman of Dangote Industries Limited (DIL), has leveled serious allegations against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), accusing them of recklessly issuing licences for the importation of petroleum products from Russia. During an engaging media session at his refinery on Sunday, Dangote addressed the vitality of the downstream…
Unless there are any last-minute alterations, MRS and other collaborators of the Dangote Petroleum Refinery are poised to commence the sale of petrol at the price of N739 per litre. This announcement follows a mere two days after the refinery considerably reduced its petrol gantry price from N828 to N699 per litre. During a press…
The Dangote Refinery has significantly slashed its ex-depot petrol price to secure a competitive edge over the Nigerian National Petroleum Company Limited and other fuel stations across Nigeria. Investigations by Petroleumpriceng revealed on Friday morning that Dangote Refinery’s ex-depot price plummeted to N699 per litre, a striking decrease from N828 per litre. This marks a…
A report published by Bloomberg Billionaires Index shows that the net worth of Aliko Dangote, chairman of Dangote Group and the richest man in Africa has risen to 30.2 billion. Dangote ranks 75th on the latest data presented by Bloomberg with 75 richest people in the world. He is a significant shareholder in Dangote Cement…
Nigerian marketers of petroleum products will not hesitate to keep fuel from Dangote Refinery, rather they will go for imported fuel that is the cheapest as confirmed by themselves. IPMAN representative, Chinedu Ukadike, made the revelation on Friday that the marketers had reached this conclusion. The cause of their decision is the decline in the…
According to Dangote Group, the former Vice President, Devakumar Edwin, has reported that Dangote Petroleum Refinery has experienced 22 cases of sabotage since its inception. In explaining the events, Edwin has made it clear that the recent restructuring of the company in which some employees are laid off had no relation with the Petroleum and…
The Trade Union Congress of Nigeria, TUC has announced that it will join the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN in a nationwide strike against the alleged anti-labour practices by Dangote Refinery. This was revealed by TUC Secretary General Nuhu Toro on Sunday. The union required Dangote Refinery to publicly apologise…
By Ajibola Olarinoye Nigeria’s crude oil import game has seriously leveled up— a jump of over 26% in the first half of 2025. That’s 5.6 million metric tons, up from 4.4 million last year. Wild, right? And yeah, you can pretty much thank the Dangote Refinery for that. This beast of a plant (650,000 barrels…
By Ajibola Olarinoye Dangote Refinery and DAPPMAN—basically the big shots in Nigeria’s oil scene—are at each other’s throats over this mind-blowing N1.5 trillion fuel subsidy mess. Dangote’s $20 billion mega-refinery (the one churning out 650,000 barrels a day) drops a statement basically calling out DAPPMAN for trying to hustle the government into coughing up a…
