Tag:petrol

Dangote Petroleum Refinery Rubbishes Shutdown Rumours, Confirms 50m PMS Litres Daily Supply

…Reaffirms N699 gantry price as marketers evacuate over 48 million litres on Sunday …Lampoons fuel importers for spreading misinformation, exploiting Nigerians Dangote Petroleum Refinery has categorically...

Dangote Refinery: One Year, One Refinery, A Nation Transformed

By Abiodun Alade In just 12 months, the Dangote Petroleum Refinery has shifted Nigeria from fuel importer to regional energy supplier, stabilised its currency, slashed...

Nigeria’s Petrol Imports Surge to N15.42tn in 2024 Despite Increased Refining Capacity

Nigeria’s petrol imports surged in 2024, doubling despite an increase in domestic refining capacity, highlighting the country’s continued reliance on imported fuel, according to...

Dangote to Refund Nigerians Who Buy Petrol above Advertised Rates from MRS, Heyden, AP

…. Absorbs N16bn loss by refunding N65/litre to marketers for Nigerians to benefit from cheaper fuel  ...Insists Nigerians deserve good quality, affordable fuel products  Dangote...

Nigerians spent N16.5trn on generators, fuel in 2023 – FG

Nigerians collectively spent a staggering N16.5 trillion on diesel, petrol, and generators in 2023, to meet their electricity needs, the Federal Government disclosed on...

No plans to increase petrol price — NNPC

The Nigerian National Petroleum Company Limited has debunked claims that it is planning to increase its pump prices for Premium Motor Spirit, commonly referred...

NNPC attributes increase in petrol price to market realities

The Nigerian National Petroleum Company L.td., has attributed the increase in the price of Premium Motor Spirit (PMS) also known as petrol to the...

FG subsidy spending to hit N11tn in 2023

The administration of the President, Major General Muhammadu Buhari (retd.), could spend not less than N10.976tn as subsidy on Premium Motor Spirit, popularly called...

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Energy experts back Dangote, slam marketers over blackmail attempt on fuel price hike

Energy experts in Nigeria’s downstream petroleum sector have defended the pricing structure of the Dangote Petroleum Refinery, accusing some...
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Oye: Nigeria’s Trade Single Window Could Attract $3bn Logistics Investment, Save $18m Annually  

Nigeria could unlock up to $3 billion in logistics investment and generate about $18 million in annual efficiency savings...

What Happened at Aso Rock as Tinubu’s IGP Kayode Egbetokun Resigns

The Presidency has confirmed the resignation of Kayode Egbetokun as Inspector General of Police, citing what officials described as...

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Energy experts back Dangote, slam marketers over blackmail attempt on fuel price hike

Energy experts in Nigeria’s downstream petroleum sector have defended...