Increase Stake In Dangote Refinery To 45% -PENGASSAN Tells Nigerian Govt

Dangote Refinery Cuts Petrol Price

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to increase its stake in Dangote refinery to 45 percent from the current seven percent. The President of PENGASSAN, Mr Festus Osifo, made this call on Tuesday while presenting a communique and recommendations from the 3rd edition of … Read more

Nigerian Govt Commends Lifting Of Petrol From Dangote Refinery

The Federal Government has commended the beginning of petroleum product lifting from the Dangote Petroleum Refinery and Petrochemicals, describing it as a significant step towards national industrialisation and self-sufficiency in refining. The Head of Communications, Dangote Group, Mr Anthony Chiejina, in a statement said that trucks from the Nigerian National Petroleum Corporation Ltd, NNPCL, had … Read more

Nigeria’s Petrol Subsidy Hits N707bn Monthly, Say Oil Marketers

NNPCL Reduces Petrol Price Again

With petrol landing cost at N1,117 per litre, Nigeria’s monthly subsidy on petrol has increased to N707bn. EKO HOT BLOG reports that with the landing cost of Premium Motor Spirit (PMS) at N1,117 per litre, the monthly subsidy for petrol has surged to approximately N707bn, according to oil marketers on Monday. As the Dangote Petroleum Refinery … Read more

BREAKING: Dangote Slashes Diesel Price, Aviation Fuel Below ₦1,000

Eko Hot Blog reports that Dangote Petroleum Refinery has announced a new selling price for its diesel and aviation fuel. The company disclosed that diesel will now sell at ₦940 per litre while aviation fuel will sell at ₦980 per litre. Editor’s Picks  CBN Sells Fresh Dollars To BDC Operators At ₦1,021/$1 BREAKING: Dangote Slashes … Read more

Breach Of Discipline: Soldiers Arrested For Stealing Cables At Dangote Refinery

Dangote

    Two Nigerian Army officials arrested for stealing armoured cables from Dangote Refinery. Incident raises concerns over discipline within ranks, deemed “totally unacceptable” by Army. Army reassures public, vows disciplinary action, condemns criminality among personnel. EKO HOT BLOG reports that two Nigerian Army officials have been arrested for stealing armoured cables from the Dangote Refinery, … Read more