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Business

Dangote opens hotline to report petrol sales above N739

Dangote Petroleum Refinery has introduced a dedicated hotline for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit above the approved pump price of N739 per litre. The refinery also cautioned marketers against creating artificial scarcity, noting that it is supplying up to 50 million litres of petrol daily. In […]

Dangote Refinery loses N32.5bn after petrol price cut
Business

Dangote begins nationwide petrol sales at N739/litre

Dangote Petroleum Refinery has begun nationwide sales of Premium Motor Spirit at N739 per litre through all MRS Oil Nigeria Plc filling stations, a major step toward providing affordable fuel and stabilising Nigeria’s downstream petroleum market. In a statement on Sunday, the firm said the new price would be rolled out across more than 2,000 […]

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Dangote price cut triggers petrol price war in Lagos, Ogun — Report

As more MRS filling stations in Lagos and Ogun states began dispensing Premium Motor Spirit produced by the Dangote Petroleum Refinery at ₦739 per litre, motorists have increasingly boycotted retail outlets selling petrol at higher prices. According to The PUNCH, the development has forced several filling stations to slash their pump prices by about ₦100 […]

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Dangote Refinery PMS supply to crash petrol prices — IPMAN

The Independent Petroleum Marketers Association of Nigeria has called on its members nationwide to patronise the Dangote Petroleum Refinery in the purchase of Premium Motor Spirit noting that the refinery currently offers the most affordable prices for marketers, even as free delivery is expected to commence in January 2026. The association expressed satisfaction over a […]

Oil and Gas

Trump is more than happy with our refinery — Dangote

President of Dangote Refinery, Alhaji Aliko Dangote, has dismissed claims that United States President Donald Trump is unhappy with the establishment of the $20 billion Dangote Refinery, describing such reports as unfounded. Dangote spoke amid social media claims linking Trump’s recent comments about possible military action against terrorists targeting Christians in Nigeria to the operations […]

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Dangote Refinery slashes petrol price to N699

The Dangote Petroleum Refinery has announced a major reduction in the ex-depot price of Premium Motor Spirit, bringing the rate down from N828 to N699 per litre. This new benchmark price, updated and published on Friday by Petroleumprice.ng, represents a N129 drop, which is approximately a 15.6 per cent reduction. A senior official of the […]

Dangote Refinery loses N32.5bn after petrol price cut
Business

Dangote halts salaries of ‘sacked’ engineers, deepens PENGASSAN rift

The Dangote Petroleum Refinery has suspended monthly salary payments to engineers it dismissed in September amid its dispute with the Petroleum and Natural Gas Senior Staff Association of Nigeria. PENGASSAN said it is currently engaging the Dangote Group to resolve the issue amicably rather than initiate another industrial action. Findings show the salaries were halted […]

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Why Nigeria doesn’t need to import petrol — Dangote

President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has criticised the crude supply practices of international oil companies, insisting that Nigeria has no justification for importing crude or refined petroleum products if existing laws are properly enforced. Speaking during a visit by the South South Development Commission to the Dangote Petroleum Refinery and Fertiliser Complex […]

Oil and Gas

Nigeria still dependent on imports despite Dangote Refinery — NMDPRA

Fuel security slowed in October as the Dangote Petroleum Refinery supplied only an average of 17.1 million litres per day of the nation’s petrol needs. This forced the country to rely heavily on imports, despite earlier hopes of achieving self-sufficiency. The Federal Government, through its Nigerian Midstream and Downstream Petroleum Regulatory Authority, revealed this information. […]