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Tag: Dangote Refinery

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 […]

featured Oil and Gas

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. […]

featured

Dangote issues safety alert as leaking tankers flood refinery

The management of Dangote Petroleum Refinery has issued a stern warning to petroleum marketers over the growing number of leaking fuel trucks arriving at its loading gantry, calling the trend a serious safety risk to Africa’s largest refinery. In an internal circular seen by Sunday PUNCH on Friday, the refinery said it had recorded a […]

featured Oil and Gas

Dangote denies import duty influenced 5.6% petrol price cut

The Dangote Petroleum Refinery has officially debunked reports suggesting that recent reductions in petrol pump prices were due to the Federal Government’s purported suspension of the 15 per cent import duty on petrol and diesel. The company categorically described the claims circulating in the media as false, misleading, and inconsistent with actual market realities. The […]

Oil and Gas

Dangote, local refineries drive 111% surge in Nigerian petrol supply

Nigeria’s domestic petrol supply experienced a significant surge, increasing by 111 per cent in 2025 to reach a record 3.8 billion litres in the first 10 months of the year, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority. This dramatic increase, driven by the ramp-up of the Dangote Refinery and other local facilities, […]

Dangote refinery investors gain N1.2tn in two days
Oil and Gas

NNPCL plans 20% increase in Dangote Refinery stake

The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20 billion Dangote Petroleum Refinery to 20 per cent, as part of efforts to strengthen Nigeria’s domestic refining capacity and consolidate its position in the downstream oil sector. The Group Chief Executive Officer of NNPC, Bayo Ojulari, made […]

Oil and Gas

Dangote Refinery supply now exceeds Nigeria’s demand, says official

The Dangote Petroleum Refinery says the supply of petroleum products has now exceeded Nigeria’s demand. In a statement on Saturday, Anthony Chiejina, the group chief branding and communications officer at Dangote Industries Limited, said daily petrol loading has reached 45 million litres, while diesel stands at 25 million litres. The communications officer reaffirmed the company’s […]

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