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Saturday, 15 March 2025
Business

NNPCL Details N898/Litre PMS from Dangote as Fuel Surpasses N1,000 in North, N950 in Lagos

The Nigerian National Petroleum Company Limited (NNPCL) has provided a breakdown of the N898 per litre price of Premium Motor Spirit (PMS), commonly known as petrol, sourced from the Dangote Refinery.   In a statement issued on Monday by its spokesperson, Olufemi Soneye, NNPCL clarified that while it pays Dangote in dollars, the price per […]

Business

NNPCL Begins Petrol Lifting from Dangote Refinery as Pricing Uncertainty Looms  

The first set of trucks from the Nigerian National Petroleum Corporation Limited (NNPCL) has successfully transported Premium Motor Spirit (PMS), commonly referred to as petrol, from the Dangote Refinery.   News Direct reported on Saturday that in preparation for the commencement of petrol lifting from the 650,000 barrels per day facility, over 100 trucks from […]

Business

Experts Divided Over Dangote Refinery’s Impact Amidst Fuel Scarcity

The ongoing fuel scarcity has heightened demand for PMS production from the Dangote Refinery among industry stakeholders and consumers.     Experts suggest that output from the Dangote Refinery, expected to begin this month, could offer relief to consumers by addressing supply challenges.     However, opinions differ on how the refinery’s operations will influence […]

Politics

Senator Oshiomhole: Those Frustrating Dangote Refinery and Putting Us Into Hardship Deserve to be Hanged

Senator Adams Oshiomhole, a former Governor of Edo State, has called for capital punishment for those frustrating the Dangote Refinery and pushing us into hardship.     He made this statement at the maiden Prof Emeka Umerah’s public lecture in Abuja, themed ‘Nigeria Yesterday, Today and a Prosperous Future’.   According to Daily Trust, Oshiomhole […]

Business

Dangote Commences Diesel Sales: Marketers Receive 1m Liters Each

The $20bn Dangote Petroleum Refinery has initiated the sale of Automotive Gas Oil, commonly known as diesel, to oil marketers nationwide. Diesel sales, which commenced last week, were confirmed by dealers and plant officials on Tuesday. National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, stated: “They began pumping diesel to marketers […]

News

Aliko Dangote Donates One Million Bags Of Rice To Nigerians

Africa’s wealthiest individual, Aliko Dangote, has initiated the distribution of one million bags of rice valued at over N13 billion to individuals in need across Nigeria through his philanthropic foundation. The foundation is also providing meals for at least 10,000 Muslims observing Ramadan in Kano State. In a statement by Samira Sanusi, an executive at […]

Business News

Tinubu Holds Crucial Meeting with Dangote, Elumelu, and Others

President Tinubu holds crucial meeting with Dangote, Elumelu, othersPublished on February 25, 2024By Seun OpejobiPresident Bola Tinubu had a “crucial” meeting with some members of the organised private sector on Sunday. The meeting is held at the Presidential Villa in Abuja.Those in the meeting include Alhaji Aliko Dangote, President, Dangote Groups; Tony Elumelu, Chairman, Heirs […]