The Federal Government on Monday convened a meeting with Dangote Refinery, the Federal Competition and Consumer Protection Commission (FCCPC), and major petroleum marketers to address the persistent gap between falling global crude oil prices and high domestic pump prices of Premium Motor Spirit (PMS).

Crude Oil Crash Pushes Petrol, Diesel Prices Down   Petrol and diesel prices have started to decline as global crude oil prices retreat following the de-escalation of tensions in the Middle East. The reductions, led by the Dangote Petroleum Refinery and followed by some private depot...

NNPC Urged to Revive Refineries Following Dangote Snub The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, has tackled the Nigerian National Petroleum Company Limited over its attempt to increase its stake in the Dangote Petroleum Refinery despite the poor...

The World Bank’s call for Nigeria to reopen fuel imports has sharply divided downstream stakeholders, with marketers backing full deregulation while experts warn against undermining local refining.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to shop for a credit facility to establish its $10 billion refinery.

Marketers Confirm Plans to Lift 600m Liters of Dangote Petrol   Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery has set a target to release up to 600 million litres of petrol monthly as part of efforts to stabilise supply in the domestic market...