By Magnus Onyibe The popular saying, “The morning foretells the evening,” seems to defy logic in Nigeria’s case. The economy, which turned frosty after President Bola Tinubu introduced radical reforms 18 months ago, now appears to be thawing rather than worsening, contrary to the predictions of critics. Rather than witnessing a continued decline in living […]
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Olayiwola Oshunrinade The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said the price of petrol will drop to N935 per litre by Monday in view of Dangote Refinery’s new arrangement. IPMAN said the new price was necessitated by the reduction in Dangote Refinery’s fuel ex-depot price and uniform arrangement, which would enable marketers to […]
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Olayiwola Oshunrinade In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon. Dangote, in a statement yesterday, said the milestone achieved was as a result of the strategic collaboration between the two companies, […]
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Olayiwola Oshunrinade The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) from ₦990 per litre to ₦970 per litre for marketers. The announcement was made in a statement issued by Anthony Chiejina, the Group Chief Branding and Communications Officer. The statement read: “As the year comes to an […]
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Olayiwola Oshunrinade The Independent Petroleum Marketers Association of Nigeria says over 30,000 of its members are set to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery in bulk. IPMAN also revealed that the price of petrol from the $20 billion Lekki-based plant was N940/litre and N990/litre when purchased using ships and […]
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by Olayiwola Oshunrinade Aliko Dangote, Africa’s richest person, says the Dangote Petroleum Refinery was built without any incentive from the federal government. Dangote spoke at the 2024 Crude Oil Refinery-owners Association of Nigeria (CORAN) summit, held in Lagos on Tuesday. “We built the Dangote refinery without a single incentive from the government,” he said. Represented […]
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