
Dangote Refinery has announced the receipt of 1,000 out of the 4,000 CNG-powered trucks for nationwide fuel distribution, which will start in the South-West.
Dangote Refinery has announced the receipt of 1,000 out of the 4,000 CNG-powered trucks for nationwide fuel distribution, which will start in the South-West.
Independent Petroleum Marketers Association of Nigeria and the Petroleum Products Retail Outlet Owners Association of Nigeria warned against a ban on fuel imports.
According to ship-tracking data, about five vessels, carrying 103,800 mt of petrol, discharged petrol for five oil marketers, including AA Rano and BOVAA oil.
Petroleum product marketers have crashed their prices further due to competition and falling crude costs, Notably, NIPCO, Dangote and Rainoil have cut prices.
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised an alarm regarding plans by the Nigerian government to ban fuel imports.
There are new fuel prices at filling stations, especially in Abuja, as global crude oil prices drop and the Independent Petroleum Marketers confirms the link
Dangote Refinery and several other petroluem marketers have made adjustments in petrol price changes in response to responds to a decline in crude oil prices.
Despite the declining global crude price, a ranking showing the world's top 10 largest producer countries has emerged, with the US leading the pack.
Depot owners, including Dangote Refinery, have made changes to ex-depot petrol prices in Nigeria, which could lead to changes in pump prices at filling stations.
The Chairman of the Dangote Group, Aliko Dangote, has finally explained that major oil marketers and traders are trying to frustrate President Tinubu's plans.
Energy
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