Femi Falana, SAN, has said he is worried about the negative impacts of the Dangote Refinery spat, saying the saga sends a dangerous signal to investors about Nigeria. “Well, I’ve enjoyed the inter-class feud or what you might call a dog-eat-dog affair. But it’s at the expense of...
dangote refinery
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has convened a high-level meeting with key stakeholders in the oil and sector to resolve issues surrounding the Dangote Refinery. This is contained in a statement by Nneamaka Okafor. the Special Adviser to the minister on Media and Communications....
The leadership of the House of Representatives have visited the Dangote Petroleum Refinery in Lagos. Speaker of the House of Representatives, Hon. Tajudeen Abbas, led the lawmakers who arrived at the refinery located in the Lekki Free Trade Zone in Lagos around 11am. Africa’s richest man and President...
Africa’s richest man Aliko Dangote has said the Nigerian National Petroleum Company (NNPC) Limited now owns a 7.2% stake in the Dangote Petroleum Refinery, and not a 20% stake as initially announced before the inauguration of the facility at the Lekki Free Trade Zone. Dangote, who made...
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has commissioned three newly- acquired 80 tonnes bollard-pull tugboats to enhance the berthing of vessels at the Dangote Refinery and Lekki Deep Seaport. Oyetola said during the inauguration in Lekki on Thursday that the three tugboats were christened MT...
By OLA MUDOPE, Lagos – A fire incident has been reported at the Effluent Treatment Plant (ETP) of Dangote Refinery in Lagos State. The Group Head of Corporate Communications at Dangote Group, Mr Anthony Chiejina, who confirmed this in a statement on Wednesday, said the fire has...
Dangote Refinery: Bode George advocates shareholding for host communities Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Olabode George, has advised President of the Dangote Group, Alhaji Aliko Dangote, to ensure members of the refinery’s host communities benefit as shareholders. George, in a statement on Monday...
Chairman, Senate Committee on Petroleum (Downstream), Senator Ifeanyi Uba, has urged the Federal Government to be intentional about the modular refineries as a strategy to ending Nigeria’s fuel scarcity. Ubah said this at the ongoing Offshore Technology Conference in Houston, Texas, U.S., on Thursday. “I am proposing that...
By EZEKIEL OBI, Abuja – The Nigerian Army has detained two soldiers allegedly involved in a reported case of theft at the Dangote Refinery in Lagos. The Army’s spokesman, Maj.-Gen. Onyema Nwachukwu, said in a statement on Wednesday, that the Nigerian army was deeply concerned over its personnel’s involvement...
A former chairman of the Manufacturers Association of Nigeria (MAN), Ogun Chapter, Dr Wale Adegbite, has lauded Dangote Petroleum Refinery for reducing the price diesel from N1,200 to N1,000 per litre across the country. Adegbite gave the commendation in an interview with the News Agency of Nigeria (NAN)...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its enforcement committee 48 hours to produce a template for a seamless implementation of Domestic Crude Oil Supply Obligation (DCSO) in Nigeria. The Commission Chief Executive, NUPRC, Mr Gbenga Komolafe, gave the charge on Tuesday in Abuja while speaking...
The Dangote Refinery has started production. The largest single-train refinery in the world located in Nigeria’s commercial hub began operations in the early hours of Friday. This followed the delivery of six million barrels of crude supply to the refinery. Although it was supposed to begin operations...
Some Oil and Gas Experts have said that the coming on stream of both Port Harcourt and Dangote refineries may lead to some marginal reduction in the cost of petroleum products and not a significant price crash. The experts made this known in an interview with the News...
Fluenta, a global leader in ultrasonic sensing technology for measurement of flare gas, says it has completed installation of 18 ultrasonic flare gas meters on large pipelines around the Dangote Refinery Plant in Nigeria. Mr Radek Kurkowski, a Director at Fluenta, said on Thursday that it spent more than...
On May 22, 2023, the Dangote Refinery was inaugurated in Lagos, Nigeria, with former President Buhari officiating the ceremony. The event marked a significant milestone for Nigeria, as it showcased the country’s commitment to achieving energy self-sufficiency and fostering economic development. The Dangote Refinery is a remarkable feat...
A member of the People Democratic Party (PDP), National Presidential Campaign Council, Adetokunbo Pearse, says Nigerians have a right to know the actual landing cost of Premium Motor Spirit (PMS). Dr Pearse, speaking on Channels Television’s Sunrise Daily on Monday stated that a thorough scrutiny should be carried out on...
The highly anticipated Dangote Refinery, a monumental project, was inaugurated with great fanfare on May 22nd, 2023, by President Buhari in Lagos, Nigeria’s bustling economic hub. This marked a significant milestone in the nation’s pursuit of energy self-sufficiency and economic development. The Dangote Refinery stands tall as a testament...
By DANJUMA JOSEPH, Lafia – Governor Abdullahi Sule of Nasarawa State, has commended President Muhammadu Buhari, for commissioning the multi-billion naira Dangote Refinery in Lagos, stressing that the coming onboard of the refinery signifies an end to the energy crisis in the country. Gov Sule, made this known during...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the new Dangote refinery will address fuel shortage and price hike in the country. Mr Chinedu Anyaso, Chairman of IPMAN, Enugu Community depot in charge of Anambra, Ebonyi and Enugu states, said this in an interview with the News Agency...
The Central Bank of Nigeria (CBN) has said that the newly inaugurated Dangote Petroleum Refinery and Petrochemicals will help Nigeria generate more power for its electricity sector. Speaking today at the inauguration in Lagos State, Governor of the apex bank, Mr Godwin Emefiele, said the Dangote Refinery is expected...