
Aliko Dangote







Dangote Refinery continues to improve Nigeria's balance of trade, and has now exported six vessels of jet fuel to the US. This USD sales is a welcome move.

Dangote refinery has announced the sale of petroleum products to the United States, and wants to sell to more countries after halting sales in naira.

The committee overseeing the naira-for-crude oil deal between the NNPC and domestic refineries has reportedly met in Abuja to assess the deal's progress.

Petrol marketers across the country may adjust their pump prices as the cost of buying fuel at depots continue to rise above the current selling prices.

The Aliko Dangote Foundation (ADF) has announced plans to distribute 1 million bags of rice to Nigerians across all 774 local government areas amid hardship.

The Independent Petroleum Product Marketers Association of Nigeria (IPMAN) threatened to sell petroleum products to Nigerians in dollars if Dangote did the same.

Dangote Petroleum Refinery's decision to stop the sale of products in naira has led to marketers hoarding petroluem products in anticipation of new prices.

About seven vessels with 115,000MT, an equivalent of 154 million litres of petrol are expected to arrive at Nigerian ports amid the naira-for-crude deal collapse.

The Dangote Petroleum Refinery and the decision by the United States of America to sanction Iran are set to impact petrol prices in Nigeria in the coming days.
Aliko Dangote
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