THE Dangote Petroleum Refinery and Petrochemicals Limited has appointed David Bird, former head of Oman’s Duqm Refinery, as its new Chief Executive Officer. He replaced Devakumar V. G. Edwin with effect from July 2025. A report by S&P global on Friday confirmed that Bird now heads the refinery’s petroleum …
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Dangote slashes petrol price to N840 per litre
Dangote Petroleum Refinery has announced a reduction in its ex-depot price of Premium Motor Spirit (PMS), also known as petrol, from N880 to N840 per litre. This was confirmed on Monday night by the Group’s spokesperson, Anthony Chiejina. Chiejina said, “PMS price has been reduced from N880 to N840 per …
Read More »Nigeria will save N1.7trn from Dangote’s N720bn investment on 4,000 CNG trucks
Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery absorb over N1.07 trillion …
Read More »Dangote Refinery deploys 4,000 CNG tankers for Nationwide Fuel Distribution
Dangote Petroleum Refinery yesterday announced the commencement of an initiative designed to transform Nigeria’s fuel distribution landscape from August 15, 2025. The refinery, in a statement made available to The Nation, said the Refinery will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms …
Read More »Competitive Pricing as Dangote Lowers Petrol Loading Cost to N815/litre
THE competitive pricing in the downstream oil sector continued on Thursday as the Dangote Petroleum Refinery quietly implemented a price reduction at its loading gantry, reducing the loading cost of its petrol from N825 per litre to N815 per litre. A report by THE PUNCH newspaper said that the new …
Read More »Fuel Scarcity: Why We Cannot Determine Petrol Price – Dangote
DANGOTE Petroleum Refinery has given reasons the company could not determine its petrol price. Anthony Chiejina, Group Chief Branding and Communications Officer, in a statement on Thursday, noted that PMS market was strictly regulated. This fact, he said, was known to all oil marketers and stakeholders in the sector, hence …
Read More »BREAKING: Crude Oil Sales in Naira To Dangote, Others Begin October 1
THE Federal Government has disclosed that sales of crude oil to Dangote Refinery and other local refineries will commence October 1, 2024. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the announcement during a meeting with the Implementation Committee on Monday in Abuja. …
Read More »Only NNPCL Can Buy Dangote Petrol – IPMAN
NO oil marketer is going to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery and sell at the prevalent pump prices at filling stations in Nigeria except the Nigerian National Petroleum Company Limited, operators in the downstream oil sector have declared. On July 15, 2024, …
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