Tag: dangote
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Dangote Group has announced significant strategic partnerships to expand its fertilizer operations in Nigeria and develop a new multi-billion-dollar fertilizer plant in Ethiopia. The expansion aims to triple Nigeria’s urea production from 3 million to 9 million metric tonnes annually by adding four new production trains to its existing Lagos complex. This will position…
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Dangote Petroleum Refinery has refuted claims that the recent reduction in petrol pump prices was caused by the Federal Government’s suspension of a 15% import tariff. The company stated that the price drop resulted solely from its own decision to reduce Premium Motor Spirit (PMS) gantry and coastal prices on November 6—days before marketers adjusted…
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Reports say Despite increased refining capacity, Nigeria has imported nearly 69% of its 21 billion liters of petrol between August 2024 and October 2025, with about 15.01 billion liters imported during this period, even after the Dangote refinery began production in September 2024. It was further noted that Domestic refining contributed 31% of supply, with…
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Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery aims to release up to 600 million litres of petrol monthly to help stabilize Nigeria’s domestic supply and reduce recent pump price surges. Also, A new distribution framework is being finalized with 20 selected marketers to facilitate this effort. The initiative follows a strategic…
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Justice Emmanuel Danjuma Subilim of the National Industrial Court in Abuja has temporarily barred PENGASSAN, the Petroleum and Natural Gas Senior Staff Association of Nigeria, from proceeding with its planned industrial action against Dangote Petroleum Refinery. The court, ruling on an ex-parte application by Dangote Refinery, specifically prohibited PENGASSAN from disrupting crude and gas supplies…
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Dangote Petroleum Refinery and Petrochemicals has announced a major reorganization of its operations and workforce, citing repeated sabotage by staff that threatened the safety of its 650,000 barrels per day facility. In a letter dated September 24, 2025, the company instructed affected employees to hand over company property and await clearance for their entitlements, emphasizing…
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Nigeria has experienced a significant 26.5% increase in crude oil imports in the first half of 2025 (H1’25), totaling 5,665,602 metric tons compared to 4,478,413 metric tons during the same period in 2024. This rise is largely attributed to the Dangote Petroleum Refinery, which, with a capacity of 650,000 barrels per day, imports crude from…
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Dangote Petroleum Refinery and Petrochemicals Limited has halted self-collection gantry sales of petroleum products effective September 18, 2025, to promote its free delivery scheme for retail outlets and prevent sales to unregistered marketers. The company emphasized that payments made after this date will be rejected but reassured that its free delivery service remains operational for…
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Dangote Group has launched 4,000 Compressed Natural Gas (CNG) trucks in Lagos as part of its logistics expansion, with plans to deploy 10,250 trucks by November 2025. Chairman Aliko Dangote dismissed allegations of monopolistic practices, stressing that the ₦2 trillion investment aims to modernise Nigeria’s downstream sector, create 24,000 jobs with salaries four times the…
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Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its two-day strike after a meeting with the Federal Government and Dangote Group officials, which resulted in an agreement to unionize workers at Dangote Refinery. Recall the union had threatened to strike over management’s refusal to allow unionization and alleged anti-labor practices related to…
