Dangote Petroleum Refinery has announced another ₦50 per litre reduction in the ex-depot price of Premium Motor Spirit (PMS), bringing the total price cut to ₦200 per litre since May 30, 2026. The latest adjustment lowers the refinery’s gantry price to ₦1,075 per litre. The company also revealed cumulative reductions […]
Nigeria is facing a fresh energy crisis as petrol pump prices surged past ₦1,100 per litre this week, triggered by a suspension of loading at the Dangote Petroleum Refinery and a volatile spike in global crude oil prices driven by the escalating Middle East conflict. Dangote Refinery Halts Loading Amid Price Adjustments As of March […]
Fuel Scarcity 2026: Why Petrol Prices Hit ₦1,100 Amid Dangote Halt Fuel Scarcity 2026: Why Petrol Prices are Hitting ₦1,100 Amid Dangote Loading Halt and Middle East Crisis LAGOS, Nigeria — Nigeria is facing a fresh energy crisis as petrol pump prices surged past ₦1,100 per litre this week, triggered […]
The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by ₦101, moving the ex-depot rate from ₦774 to ₦875 per litre. This adjustment is expected to trigger fresh fuel price hikes nationwide. Key Highlights 🔹 The refinery attributed the upward review to global crude oil price […]
In a massive leap for Nigeria’s economic sovereignty, Aliko Dangote and NNPC’s Group CEO, Bayo Ojulari, have signaled a “no-limits” partnership aimed at revolutionizing the nation’s energy landscape. Following a high-level strategic tour of the Dangote Refinery in Ibeju-Lekki, both leaders confirmed that the collaboration will go far beyond current […]
Nigeria’s energy sector faces fresh turbulence as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has ordered its members nationwide to withdraw their services following the alleged mass dismissal of Nigerian workers by the Dangote Refinery. The union, in a circular signed by its General Secretary, Comrade […]
Fueling the Future: Dangote Refinery Unveils Bold Nationwide Fuel Distribution Plan In a historic move set to redefine Nigeria’s energy landscape, Dangote Petroleum Refinery has announced the nationwide rollout of Premium Motor Spirit (PMS) and diesel beginning August 15, 2025. This landmark initiative will not only enhance fuel availability across […]
Dangote Retains Top Spot as African Billionaire Fortunes Soar Four Nigerian business magnates—Aliko Dangote, Femi Otedola, Mike Adenuga, and Abdulsamad Rabiu—have been named in the 2025 Forbes Africa Billionaires List, solidifying Nigeria’s status as a key player in the continent’s economic landscape. Forbes released the much-anticipated list on Saturday, March […]
Dangote Group Defends Refinery Operations Amid Accusations Alhaji Aliko Dangote and his team have demonstrated their refinery’s fuel quality to the House of Representatives leadership, rejecting recent allegations against the company. Lawmakers Tour Lekki Refinery During a visit to the Lekki Free Trade Zone, Speaker Tajudeen Abbas, Deputy Speaker Benjamin […]
President Bola Tinubu has today commended Dangote Oil and Gas Limited for reducing the price of diesel. This was made known in a statement by the presidential spokesperson, Ajuri Ngelale. In his statement, the president described the move as an “enterprising feat” and the price review represents a sharp drop, […]
