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Dangote Refinery Guarantees Uninterrupted Fuel Supply as Output Surpasses Demand

Dangote Refinery Guarantees Uninterrupted Fuel Supply as Output Surpasses Demand   The Dangote Petroleum Refinery has pledged a steady supply of petrol and diesel nationwide during the upcoming festive period, as its daily output now exceeds Nigeria’s consumption capacity. The Group Chief Branding and Communications Officer of...

West Africa Moves Towards Unified Fuel Pricing Framework

West African midstream and downstream regulators have concluded plans to form a new forum to harmonise fuel prices and strengthen petroleum product trading across the region.

Dangote Refinery Now Produces 20m Litres of Fuel Daily – NMDPRA

Dangote Refinery Now Produces 20m Litres of Fuel Daily - NMDPRA   The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Farouk Ahmed, has disclosed that the 650,000-barrel-per-day Dangote refinery has begun to transform Nigeria’s petroleum supply landscape, contributing an average of...

Fuel Importation Plummets to Eight-year Low, Report Shows

The importation of Premium Motor Spirit, popularly known as petrol, into Nigeria has dropped to an eight-year low in September, a new report has stated.

Marketers Fault Dangote’s 500,000-Litre Fuel Delivery Threshold

Marketers Fault Dangote’s 500,000-Litre Fuel Delivery Threshold   The Dangote Petroleum Refinery has introduced a minimum purchase requirement of 500,000 litres of petrol for oil marketers wishing to benefit from its free delivery scheme, sparking debates across Nigeria’s downstream petroleum sector. The refinery confirmed the new condition...

𝐓𝐡𝐞 5% 𝐒𝐮𝐫𝐜𝐡𝐚𝐫𝐠𝐞 𝐨𝐧 𝐅𝐮𝐞𝐥: Separating Facts from Fiction

This note seeks to clarify matters arising regarding the 5% fuel surcharge in the new tax laws. The charge is not a new tax introduced by the current administration. The provision already exists under the Federal Roads Maintenance Agency (Amendment) Act, 2007. Its restatement in the new Tax Act is for harmonisation and transparency rather than immediate implementation.