NNPCL, Dangote and the Crude Supply Mess By Umar Farouk Bala For a brief moment, Nigerians dared to hope. Fuel supplies had stabilized, and prices, after months of turbulence, had begun to ease. But just as the nation exhaled, Dangote Refinery’s sudden shift in policy sent...

Marketers Kick as Dangote Sells Fuel in Dollars, Exports to US, S/Arabia Oil marketers under the aegis of the Petroleum Products Retail Outlets Owners Association of Nigeria have rejected the decision by the Dangote Petroleum Refinery to sell refined petroleum products in dollars. PETROAN urged the...

Naira-for-Crude: Marketers Fear Price Increase as FG Suspends Sale to Dangote Following the Dangote Petroleum Refinery’s suspension of the sale of petroleum products in naira, some filling stations have started stockpiling Premium Motor Spirit, otherwise known as petrol. The retailers are storing the product to ensure...

‎Dangote to Stop Fuel Supply to Nigerian Market as Naira-for-crude Deal Stalls ‎Dangote Refinery will stop loading petroleum products for Nigerian market as the renegotiation of the naira-for-crude deal is not recording significant progress, TheCable understands. ‎However, sources said the refinery will continue to load for...

Marketers Predict N800/litre Petrol Sale as Import Cost Drops Major oil marketers in Nigeria have moved to offer a lower price against the gantry loading cost of N825 per litre set by Dangote Petroleum Refinery. This development followed a revelation by marketers that the landing cost...

The Nigerian National Petroleum Company (NNPC) Limited has suspended the naira-for-crude oil swap deal with domestic refiners,