BREAKING: Dangote Refinery Announces Production Kick Off Date, Gives Reason For Delay

Eko Hot Blog reports that Dangote Refinery has disclosed that plans are in motion to commence operations of 370,000 Barrels per day in October 2023. The Dangote Group Executive Director, Devakumar Edwin confirmed this. It would be recalled that while delivering his speech at the official commissioning of the refinery by former President Muhammadu Buhari … Read more

Dangote Refinery Will Save Forex, IPMAN Assures Nigerians

Eko Hot Blog reports that the Independent Petroleum Marketers Association (IPMAN) has asked Nigerians to remain hopeful, saying the Dangote Refinery will save the country billion of dollars, urging that, the government of the country should be made to account for the huge revenue accruing from the subsidy removal. “When Dangote Refinery commences operation, it … Read more

“Non-Functional Refineries Soaked Up Funds Greater Than Dangote Refinery’s Worth Under Buhari’s Administration” – Gov Sule

Dangote Refinery

Buhari spent more than Dangote Refinery on non-functional refineries, says Gov Sule. Refineries in Kaduna, Port Harcourt, and Warri remain non-operational. Gov Sule criticizes government’s refinery maintenance, leading to higher subsidy costs. EKO HOT BLOG reports that the Governor of Nasarawa State, Abdullahi Sule noted that the government under former President Muhammadu Buhari spent more … Read more

Dangote Refinery To Slash Petrol Imports As NNPCL Confirms Partnership

NNPCL

The NNPCL confirms that once the Dangote Refinery starts producing refined petroleum products in late July or early August, it will reduce its imports of petrol. The NNPCL, currently the sole importer of petrol in Nigeria, plans to buy from the Dangote Refinery as they co-own 20% of the facility and want to support their … Read more

How Tinubu Ensured Dangote’s Refinery Was Built In Lagos – Sanwo-Olu

Sanwo-Olu credited President-elect Tinubu for the refinery’s presence in Lagos State. He also praised President Buhari and Dangote for their efforts in ensuring the project’s success. On his part, Dangote said the Lagos government provided enabling environment for private sector growth. Eko Hot Blog reports that Lagos State Governor, Mr. Babajide Sanwo-Olu, on Monday, said … Read more

Aliko Dangote Expresses Gratitude To President Buhari For Support On Dangote Refinery Project

Aliko Dangote Expresses Gratitude To President Buhari For Support On Dangote Oil Refinery Project

CEO Dangote Group Aliko Dangote expresses gratitude for the support of the Dangote Refinery project. In a Twitter post, Dangote also acknowledged Tinubu’s role in creating the Lekki Free Trade Zone as part of his vision during his tenure as the governor of Lagos State. The Nigerian billionaire also took the opportunity to express his … Read more

Dangote Refinery Inauguration: Tinubu Absent As Buhari Receives Warm Welcome From Dangote

Dangote Refinery Inauguration

Tinubu is currently absent as Dangote warmly welcomes President Buhari to the inauguration of the Dangote Petroleum refinery in Lagos. The refinery aims to position Nigeria as a key player in the global petroleum sector and is set to produce various refined products. Despite Tinubu’s absence, President Buhari commends Dangote’s efforts and the timely availability … Read more

Rabiu Kwankwaso Arrives Lagos For Dangote Refinery Commissioning

Rabiu Kwankwaso Arrives Lagos For Dangote Refinery Commissioning

The Dangote refinery gears up for its inauguration in Lagos State. Presidential candidate of the NNPP in the 2023 election, Rabiu Kwankwaso touches down Lagos for the ceremony. The highly anticipated event will take place in the Ibeju-Lekki area of the state. EKO HOT BLOG reports that Rabiu Kwankwaso, the presidential candidate of the New … Read more

Tinubu Homecoming Poised To Grace Dangote Refinery Launch

Presidency Tinubu ‘T-Pain’

Tinubu, the President-elect is set to return to Nigeria after visit to France. He will attend the official opening of the Dangote Refinery in Lagos, which is the world’s largest single-train refinery. Tinubu was reported to have engaged with investors and other allies in France to market investment opportunities in Nigeria. Asiwaju Bola Tinubu, the … Read more

Revolutionary Milestone: Dangote Announces Launch Date For Multi-Billion Naira Refineries

Dangote has revealed the launch date for its multi-billion naira refineries in Nigeria. EKO HOT BLOG reports that Nigeria’s dream of becoming self-sufficient in refining crude oil has been given a lift with Dangote Group’s upcoming inauguration of its long-awaited refineries. The Dangote Refinery, which has a capacity of 650,000 barrels per day, is set … Read more

Relief For Eleko-Epe Expressway Users As Sanwo-Olu Commissions Upgraded Six-Lane Road

The Eleko-Epe Expressway was built more than 40 years ago. Before reconstruction, the infrastructure was said to be in decrepit shape due to upsurge in average daily traffic volumes, subjecting road users to delay and hardship. The Lagos governor went further to flag off the project’s expansion to the Abraham Adesanya Roundabout. Eko Hot Blog … Read more

When Nigeria Will Stop Importing Petrol – NNPC Boss

Petrol

While responding to questions on the Dangote Refinery, the NNPC chief justified the Federal government’s equity share in the plant Nigeria will stop the importation of Premium Motor Spirit (PMS), popularly known as petrol, when the Petroleum Industry Act (PIA) comes into full effect, and when the Dangote Refinery kicks off operations. The Group Managing … Read more

Dangote Refinery Will Turn Africa’s Economy Around, Provide Employment – Ooni

Ooni

Ooni of Ife, Oba Enitan Adeyeye Ogunwusi Ojaja II has said the Dangote refinery and Petrochemicals in Lagos has capacity to bring Africa to the frontiers of economic possibilities. Ooni of Ife, Oba Enitan Adeyeye Ogunwusi Ojaja II, says Dangote Refinery and Petrochemicals in Lagos has capacity to bring Africa to the frontiers of economic … Read more

BREAKING: FG Agrees To Sell Oil In Naira To Dangote Refinery

Dangote Refinery

The Federal Government (FG) has concluded plans to sell crude oil to the $15 billion Dangote Refinery in Naira. According to the government, the latest move is part of measures adopted to strengthen the currency and by extension the nation’s economy. The Federal Government (FG) has concluded plans to sell crude oil to the $15 … Read more

Dangote Refinery: Work Now At 80% Completion – Official

Nigerian Governors Visit Dangote Refinery, Lekki

Official at Dangote Refinery said work at the 650,000-barrel per day (bpd) integrated refinery and petrochemical project has now reached 80% completion. Dangote Refinery Group Executive Director (Projects and Portfolio Management) Edwin Devakumar disclosed this on Wednesday while addressing news men in Lagos. Devakumar said the percentage covered the project’s engineering, design and procurements. He, … Read more

Nigerian Governors Visit Dangote Refinery, Lekki

Nigerian Governors Visit Dangote Refinery, Lekki

Eleven Nigerian governors on Friday stormed the Dangote Refinery and Petrochemicals in Lekki, Lagos to have on the spot assessment of the massive project. The governors are Ahmadu Umaru Fintiri (Adamawa), Okezie Ikpeazu (Abia), Mallam Nasir El-Rufai (Kaduna), AbdulRahman AbdulRasaq (Kwara), Prince Dapo Abiodun (Ogun), Godwin Obaseki (Edo), Dr. Kayode Fayemi (Ekiti), Babajide Sanwo-Olu (Lagos), … Read more

FG Claims Dangote Refinery Will Help Save $10bn Foreign Exchange

Recession

The Federal Government has said that the Dangote refinery when completed and commenced operations would help the country save $10bn foreign exchange. The Minster for Finance Budget and National Planning, Mrs Zainab Ahmed, disclosed this to newsmen during a courtesy visit to the Lagos refinery on Sunday. Zainab commended the company’s continued investment in the … Read more

NNPC Not Competing With Dangote Refinery – Kyari Says

NNPC Records N5.20b Trading Benefits Surplus

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said the corporation is not in contest for market share with Dangote Refinery which is presently under construction. Kyari disclosed this in a statement signed by NNPC spokesman, Ndu Ughamadu, in Abuja, on Wednesday. He said that NNPC focus was … Read more