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
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
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)
· 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...
Monopolistic Oligarchies: The Tale of Dangote of Nigeria and Ambani of India
By Yushau A Shuaib
Weblink: https://yashuaib.com/2024/07/dangote-nigeria-ambani-india/
The politics of monopoly and oligarchy are familiar phenomena in Nigeria and beyond. During General Abacha's military rule in the 1990s, while working at the Federal Ministry of Finance,...
Dangote Refinery and the Monopoly Question
By Abdulhaleem Ishaq Ringim
The petro-chemical market in Nigeria has over the past few days been subjected to scrutiny regarding the market structure it will assume with the advent of the Dangote Refinery. The CEO of the Nigerian Midstream and...
