Dangote Petroleum Refinery has launched the sale of Premium Motor Spirit at a pump price of N739 per litre, making the product available at all MRS Oil Nigeria plc filling stations nationwide. With over 2,000 MRS stations nationwide, the reduced pricing is expected to benefit consumers across the country, marking a major step in the […]
The Independent Corrupt Practices and Other Related Offences Commission, ICPC has invited Aliko Dangote, a prominent businessman, to provide more information regarding his petition against Alhaji Farouk Ahmed, the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA. Dangote has accused Ahmed of corruption, misappropriation of funds, and economic sabotage, […]
Farouk Ahmed has resigned as Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, following corruption allegations raised by Aliko Dangote, Chairman of the Dangote Group. Presidential spokesperson Bayo Onanuga confirmed Ahmed’s resignation in a statement revealing that Gbenga Komolafe had stepped down as Chief Executive Officer of the Nigerian Upstream […]
A Dangote Sino truck has crushed three tricycles and a minibus in the Iyana Meiran area of Lagos State, claiming the lives of two unidentified individuals. A statement shared on the Lagos State Traffic Management Authority‘s official X handle stated that the injured victims have been evacuated to the nearest hospital for medical attention. “There’s […]
The receipt of the petition filed against the Chief Executive Officer of the Nigerian Midstream and Regulatory Authority, NMDPRA, Farouk Ahmed, has been confirmed by the Independent Corrupt Practices and Other Related Offences Commission, ICPC. The spokesperson of the anti-graft agency, John Okor Odey, said, “The Independent Corrupt Practices and Other Related Offences Commission (ICPC) […]
The Dangote Refinery’s decision to reduce the gantry price of Premium Motor Spirit, also known as Petrol, has triggered significant losses for fuel importers, depot owners, and retail marketers. According to journalists, petrol importers are on the verge of losing as much as N102.48bn monthly after the Dangote refinery reduced its gantry price from N828 […]
The Dangote Petroleum refinery and its partners are set to begin selling petrol at N739 per litre, coming two days after the refinery slashed its petrol gantry price from N828 to N699 per litre. The President of the Dangote Group, Alhaji Aliko Dangote, in a chat with journalists at the Lekki refinery, said he was […]
The Dangote Petroleum Refinery has again slashed its petrol gantry price, reducing the ex-depot rate from N828 to N699 per litre, a 15.6% drop. Real-time data from Petroleumprice.ng confirmed the new benchmark, which was also verified by a refinery official who said the facility is committed to maintaining competitive local pricing. The latest cut marks […]
The Dangote Petroleum Refinery has stopped the monthly salaries of engineers laid off during its dispute with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The workers say their salaries were cut after many of them refused redeployment to states such as Zamfara, Borno, Benue, and Sokoto. Some engineers said they were […]
The refinery has slashed its price by N49 per litre, lowering it from N877 to N828. This price adjustment, which took effect on Friday, marks a 5.6% decrease and is the refinery’s second major price revision in three months. The decision comes amid continued fluctuations in the global oil market and follows the refinery’s ongoing […]