The Dangote Refinery on Tuesday reduced its petrol gantry price by N100, from N1,175 to N1,075 per litre. The move followed a slump in global oil prices, with Brent crude dropping to $89 per barrel from over $100 on Monday. Officials of the refinery confirmed the development to our correspondent, adding that diesel prices … Read more
The Dangote Group has announced a 10-day credit facility backed by a bank guarantee for petrol station owners and dealers, alongside free direct delivery and other incentives, as part of a new supply arrangement. The company disclosed this in a statement posted on its official X handle on Tuesday, inviting petrol station operators across … Read more
The Independent Corrupt Practices and Other Related Offences Commission has confirmed receipt of a petition from businessman Aliko Dangote against the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed. In a statement signed by its spokesperson, John Odey, on Tuesday, the anti-graft agency said the petition was submitted … Read more
The House of Representatives on Tuesday resolved to intervene in the recent face-off between members of the Petroleum and Natural Gas Senior Staff Association of Nigeria and the Dangote Refinery, which had disrupted petroleum product distribution nationwide. The resolution of the House followed the consideration and adoption of a motion of urgent public importance … Read more
The Nigeria Union of Petroleum and Natural Gas Workers on Monday slammed former Nigeria Labour Congress President and Senator representing Edo North, Adams Oshiomhole, over his comments on the ongoing industrial dispute between the Petroleum and Natural Gas Senior Staff Association of Nigeria and the management of Dangote Refinery. Oshiomhole, speaking on Arise TV on … Read more
The meeting between the delegation of the Petroleum and Natural Gas Senior Staff Association and the management of the Dangote Petroleum Refinery over the lingering industrial dispute ended in a deadlock. The reconciliation meeting, called by the Federal Government, started at approximately 4 p.m. on Monday. The meeting, attended by the Minister of Labour … Read more
Dangote Group Plc has assured comprehensive support and compensation for Mrs. Ruth Otabor, the sister of Big Brother Naija Season 7 winner, Ijeoma “Phyna” Otabor, who was injured in a recent accident involving one of the company’s trucks in Auchi, Edo State. PUNCH Online reports that the accident occurred last week along the Auchi … Read more
Less than a month before the commencement of Dangote refinery’s direct fuel distribution scheme, oil suppliers in Nigeria have asked the company to rescind its decision. From August 15, Dangote would begin supplying fuel directly to filling stations, telecommunication companies, the aviation sector, and other bulk fuel consumers. However, suppliers under the aegis of … Read more
The Dangote Petroleum Refinery has recommenced the purchase of crude oil from the United States in its ongoing efforts to ramp up oil production and enhance its refining capacity. The new purchase comes after a three-month hiatus in purchasing crude from foreign countries, focusing instead on domestic supply. A report by Bloomberg on Wednesday … Read more
The Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Refinery to lift products directly. IPMAN’s National President, Abubakar Garima, announced this at an ongoing press briefing on Monday in Abuja, following a meeting of the National Working Committee of the Association. He said the partnership would ensure a steady, affordable … Read more