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Dangote Slams DAPPMAN, Declines NNPC Refinery Acquisition

Dangote Slams DAPPMAN, Declines NNPC Refinery Acquisition   The President of the Dangote Group, Alhaji Aliko Dangote, has rejected suggestions that he could buy one of the moribund government refineries instead of expanding the capacity of his refinery from 650,000 barrels per day to 1.4 million...

NMDPRA Regulatory Efforts Reduce Fuel Smuggling by 35%

The Depot and Petroleum Products Marketers Association of Nigeria (NMDPRA) says the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA) efforts to streamline licensing processes have attracted $1.2bn in modular refinery investments since 2022.

Naira-for-Crude Deal Could Isolate Nigeria from Global Markets – Depot Owners

The Executive Secretary of the Depot and Petroleum Products Marketers Association of Nigeria, Olufemi Adewole has condemned the sale of crude oil in naira.

DAPPMAN, Others Decry Multiple Taxation, Beg Govt

DAPPMAN, Others Decry Multiple Taxation, Beg Govt Members of the Depot and Petroleum Products Marketers Association of Nigeria, Major Oil Marketers Association of Nigeria and the Independent Petroleum Marketers Association of Nigeria on Thursday declared that the government and its agencies should not kill oil...

NNPC to Import More Petrol

The Nigerian National Petroleum Corporation (NNPC) has announced plans to increase the February supply of petrol by six additional cargoes to the existing national sufficiency of over 32 days and import three additional diesel cargoes before the end of February. The corporation also said it...