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AFRICA’S richest man and President of Dangote Industries Limited, Mr Aliko Dangote, has accused Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, of corruption and economic sabotage, noting that his activities are undermining domestic refining in Nigeria. This is barely 17 months after Mr Ahmed had accused […]
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FOR the 20th time this year, Dangote Petroleum Refinery has reduced the price of petrol for Nigerians. This time, he has cut the gantry price of petrol, also known as the premium motor spirit (PMS), from N828 to N699 per litre, marking a N129 per litre reduction. Data published on Petroleumprice.ng on Friday indicated that […]
PRESIDENT AND CHAIRMAN of Dangote Group, Mr Aliko Dangote, on Friday, assured Nigerians that the era of fuel queues had ended, declaring that his refinery could supply 50 million litres of premium motor spirit (PMS) daily ahead of the 2025 festive season. Speaking to State House correspondents after meeting President Bola Tinubu, Mr Dangote, Africa’s […]
THE Dangote Petroleum Refinery will begin delivering 50 million litres of Premium Motor Spirit (PMS) per day to the Nigerian market from today, December 1, as part of a broader plan to supply 1.5 billion litres throughout the festive season and into early 2026. The announcement, made over the weekend by Africa’s richest man and […]
AFRICA’S richest man Aliko Dangote has begun expanding his refinery in Lagos from 650,000 barrels per day (bpd) to 1.4 million bpd, targeting to establish the largest refinery in the world ever built at a single site in 2028. Speaking about his expansion plan on Sunday, President of Dangote Group said the expansion reflected his […]
Dangote Petroleum Refinery says petrol buyers will now pay in dollars from Sunday, September 28, urging customers with ongoing naira-based transactions to formally request refunds. In an email signed by the Group Commercial Operations of Dangote Petroleum Refinery & Petrochemicals, entitled ‘Suspension of DPRP PMS Naira Sales – Effective 28th September 2025,’ Dangote said it […]