The Society made this known through its Executive Director, Wasiu Oyedokun-Allí while speaking with journalists at this month’s edition of the State of the State Address, where he noted that such dialogue will bridge divides and place Osun above partisanship, adding that the interest of the people at the grassroots must be protected at all […]
This comes as the economy shuts down today owing to the public holiday declared by the federal government to honour ex-president Muhammadu Buhari. The national president of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, disclosed this in an interview. According to him, the decision to cut the petrol price comes after members of […]
An Indian citizen, Tukur Shamsudden, and 12 individuals were on Tuesday arraigned by the operatives of the Police Special Fraud Unit, Ikoyi, Lagos, for alleged conspiracy and unlawful diversion of Automotive Gas Oil, commonly known as diesel, valued at over N4 bn, property of Dangote Industries Limited. The defendants were brought before Justice Deinde Dipeolu […]
Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase Premium Motor Spirit, PMS, at rates higher than the advertised prices from any of its key partners across Nigeria. The move follows the refinery’s recent reduction of its gantry price from N890 per litre to N825 per litre. The refinery stated […]
This is contained in a statement by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina. The refinery, Africa’s first privately-owned oil refining facility, had previously cut the price to N970 per litre on November 24. Read Also: Petrol price reduction imminent as IPMAN, Dangote agree on direct fuel sale The latest […]
PHRC has two plants including the 60,000bpd facility, and the 150,000bpd plant. Onanuga who also said the 60,000bpd refinery is operating at 70 per cent of installed capacity and plans to increase production shortly added that the refinery receives regular crude oil contrary to claims of lacking the product. He disclosed this after joining a […]
The Independent Petroleum Marketers Association of Nigeria has said the commencement of direct sales of Dangote’s Premium Motor Spirit (Petrol) to its members will crash the price of fuel in the country in the coming days.
It was reported that in a statement, the NNPC gave a chart breakdown of the refined petrol product it bought from the refinery. The nation’s oil firm stated that it is paying the Dangote refinery in United States dollars for the September 2024 petrol offtake, adding that Naira transactions will only commence on October 1st, […]
It also noted that interested marketers would have to buy the product from the national oil firm through its trading company. This was part of the agreement reached with the management of Dangote Refinery on the commercial terms for the supply of crude oil to the refinery and the off-taking and distribution of petrol and […]