Flowerbudnews The Federal High Court (FHC) in Abuja on Tuesday, dismissed the Nigeria National Petroleum Company Limited (NNPCL)’s objection against a suit filed by the Dangote Petroleum Refinery and Petrochemicals FZE over oil import licence dispute. Justice Inyang Ekwo in a ruling, dismissed the objection on the grounds that theContinue Reading
For many Nigerians struggling with the rising cost of living, Dangote Petroleum Refinery’s latest decision to reduce the ex-depot price of Premium Motor Spirit (PMS) from N950 to N890 brings a glimmer of hope. The move, which takes effect on Saturday, is expected to ease the financial burden onContinue Reading
By Paul Ejime Nigerians woke up on Tuesday 28 October 2024 to another petrol price hike, the fourth within 18 months under President Bola Tinubu’s administration with the outlets of the Nigerian National Petroleum Company Limited (NNPCL) increasing the pump price of Premium Motor Spirit (PMS) or petrolContinue Reading
By Danladi Ahmed The Tinubu Media Support Group (TMSG) has said that plans by Africa’s richest man Aliko Dangote to invest $280m in the Compressed Natural Gas (CNG) initiative amounts to taking full advantage of the cheaper alternative to petrol introduced by President Bola Tinubu administration. In a statement signedContinue Reading
Dangote Group to Wit By Iyiola Olalere Dangote Industries Limited (DIL) is to withdraw the legal action it filed in September 2024 praying the Federal High Court, Abuja to void import licenses issued to the Nigeria National Petroleum Corporation Limited (NNPCL) and six other companies to import refinedContinue Reading
By Flowerbudnews The Prime Minister of Grenada, Dickon Mitchell has lauded Dangote Petroleum Refinery and Petrochemicals as a significant investment developing countries need for their industrial growth. He also agreed with Aliko Dangote, President and Chairman of the Dangote Group on the partnership potential in cement, fertiliser and petroleumContinue Reading
By Danladi Ahmed The Tinubu Media Support Group (TMSG) has described the commencement of full operation by Dangote Refinery and the roll-out of locally refined fuel with international quality and standards as a unique national feat worth celebrating by all progressive minded Nigerians. The accomplishment, according toContinue Reading
By Paul Ejime After much ado, the Nigerian National Petroleum Company Limited (NNPCL) on Sunday 15th September 2024, confirmed lifting fuel from the Dangote Refinery for sale to long-suffering consumers. Many are still wondering, why all the delay, insincerity, avoidable controversy, allegations and counter-allegations in the first place.Continue Reading
Lagos: chief Olusegun Obasanjo, a former Nigerian President, has alleged that cabals in the industry are frustrating the take-off of the Dangote Refinery. Obasanjo made the allegation in an interview with Financial Times, saying that those benefiting from the lucrative business of fuel importation would make efforts to frustrate theContinue Reading
