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Alleged Sabotage: Senate Postpones Public Hearing for NNPC, Dangote, Others

Alleged Sabotage: Senate Postpones Public Hearing for NNPC, Dangote, Others The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry. The Senate explained that the hearing was postponed for wider consultations with stakeholders whose input and participation would add value to...

Dangote Denies Fixing PMS Pump Price at N897 Per Litre

Dangote Denies Fixing PMS Pump Price at N897 Per Litre The Dangote Group has denied reports that the Nigerian National Petroleum Company Limited, NNPCL, has started lifting fuel from its refinery. It was reported that NNPCL lifted petrol from Dangote Refinery and sold it for N897...

Coalition Congratulates Dangote For Resuming Petrol Production

The Situation Room on Energy Sustainability, a coalition of civil society organizations, has commended the president of Dangote Group, Alhaji Aliko Dangote, on the resumption of Premium Motor Spirit (PMS) production in Nigeria for the first time in almost three decades. 

Dangote Refinery Banks on FG, Reduces Crude Imports from Us

Dangote Refinery Banks on FG, Reduces Crude Imports from Us A report by Bloomberg has revealed that the Dangote Petroleum Refinery is reducing its importation of crude from the United States, taking more of Nigeria’s oil for processing. The report stated that the 650,000 refinery is...

Dangote Refinery, Energy Security and the Monopoly of Oil Sector By Kabir Fagge

Dangote Refinery, Energy Security and the Monopoly of Oil Sector By Kabir Fagge Nigeria's oil industry was recently thrown into chaos following disputes that erupted between Farouk Ahmed, the Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Aliko Dangote,...

Rating: GCR Affirms Dangote Industries Limited AA+(NG)/ A1+(NG)

Rating: GCR Affirms Dangote Industries Limited AA+(NG)/ A1+(NG) · Strong earnings prospects from the new refinery GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also...