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FG Panel Proposes Six-month Crude Supply For Dangote Refinery

FG Panel Proposes Six-month Crude Supply For Dangote Refinery   The supply of crude oil in naira to the Dangote Petroleum Refinery by the Nigerian National Petroleum Company Limited (NNPCL) is to last for six months in the first instance, pending a further review by the...

Petrol Landing Cost Drops as Naira Appreciates

Petrol Landing Cost Drops as Naira Appreciates   The landing cost of petrol has dropped from the N981/litre recorded on September 25, 2024, to N945.63/litre as of September 27. This is according to data released by the Major Energies Marketers Association of Nigeria (MEMAN) on Monday. The drop...

State of the Economy: Dangote Refinery, MPR Hike and Matters Arising  By Abdulhaleem Ishaq Ringim

State of the Economy: Dangote Refinery, MPR Hike and Matters Arising  By Abdulhaleem Ishaq Ringim For years, the Dangote Refinery has been hailed as a potential lifeline for Nigeria's ailing economy. Despite its vast oil reserves, Nigeria has failed to achieve sustained economic growth and stability...

NNPC Aims to Produce 3 Million Barrels of Crude Oil Daily

NNPC Aims to Produce 3 Million Barrels of Crude Oil Daily The Nigerian National Petroleum Company Limited (NNPCL) is confident that it can increase crude oil production from 1.7 million barrels per day to 3 million, says Chief Corporate Communications Officer Olufemi Soneye. Speaking in Abuja...

Dangote Refinery and the Politics of Subsidy By Haroon Aremu

Dangote Refinery and the Politics of Subsidy  By Haroon Aremu Dangote Refinery and the Nigerian National Petroleum Corporation (NNPC), the two titans in Nigeria's oil sector, have become unwitting pawns in a high-stakes game of greed, corruption, and control that threatens to forever alter the landscape...

Marketers Plan to Purchase Petrol Directly from Dangote Refinery

Marketers Plan to Purchase Petrol Directly from Dangote Refinery Oil marketers are seeking to deal directly with the Dangote Petroleum Refinery instead of buying the company’s Premium Motor Spirit, popularly called petrol, from the Nigerian National Petroleum Company Limited. Dealers under the aegis of the Independent...