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DANGOTE Petroleum Refinery failed to meet its 35 million litres of petrol daily projection in November 2025, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). In its November 2025 ‘State of the Midstream and Downstream Fact Sheet,’ NMDPRA said despite a projected output of 35 million litres of petrol per day, Dangote […]
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NIGERIANS are asking for a full investigation into the tenure of the ex-Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Ahmed Farouk. Mr Ahmed resigned on Wednesday following corruption allegations from Africa’s richest man, Mr Aliko Dangote, who accused him of paying the school fees four of his children in […]
AFRICA’S richest man and President of Dangote Industries Limited, Mr Aliko Dangote, has doubled down on his allegations against Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, saying that the total fees he plans to spend on his children’s school fees abroad sum up to $12.9 million. Barely 17 […]
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 […]
THE Nigerian government will no longer implement the 15 percent import duty on petroleum products earlier proposed. In a statement posted on its X handle on Thursday, Director of Public Affairs Department, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr George Ene-Ita, said: “It should also be noted that the implementation of the 15 […]
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 sells a kilogramme of liquefied petroleum gas (LPG), popularly known as cooking gas, at N760 but middlemen, including gas stations, sell at more than N1000, according to a close source to the refinery. An economist and petrol expert, Mr Kelvin Emmanuel, who is close to the refinery, claimed: “Dangote is offering the […]
THE rift between Dangote Petroleum Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has continued after a meeting that lasted till 1.30am on Tuesday. The meeting ended in deadlock with each party failing to budge. While Dangote Refinery isn’t ready to recall the 800 workers it allegedly laid off last […]
THE Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has directed its members to cut off gas supply to Dangote Petroleum Refinery in protest of the company’s recent disengagment of workers. In a statement seen by Economy Post, PENGASSAN directed members in TotalEnergies E&P, Seplat, Rennaisance, Chevron, Oando, NGIC, and Shell Nigerian Gas […]