
Aliko Dangote







Before May 2023, fuel importation was the order of the day and the tank farms received high patronage, but all that changed after fuel subsidies were removed.

President Bola Tinubu has announced the appointments of nine powerful persons into the board of the NNPC, following the sacking of the company's ex-boss, Mele Kyari.

The group urged the federal government allow continued fuel imports to ensure steady and sufficient supply of the product, and keep the competition in check.

Petroleum product marketers have predicted that petrol prices could hit N1,000 per litre following the collapse of the naira-for-crude deal between NNPC and Dangote.

Filling stations across the country have adjusted petrol pump prices following the Dangote Petroleum Refinery's decision to stop selling fuel in naira.

Private depot operators have increased petrol prices to N900 per litre, leading to MRS, Ardova and other filling stations to adjust their prices in Lagos and Abuja

The Manufacturers Association of Nigeria (MAN) has disclosed the importance of the manufacturing of polypropylene by the Dangote Refinery to the textile industry.

Dangote and Edo refineries may import about 122.4m barrels of crude oil worth $8.56 billion in six months to meet production needs as the deal with NNPC collapsed.

Crude oil prices have risen amid threats by President Donald Trump to sanction countries patronising Venezuela's oil. Dangote also plans to import crude.
Aliko Dangote
Load more