Tag: Dangote Refinery

News

Dangote Urges Nigeria to Target 60,000MW Power Generation

Aliko Dangote, Africa’s richest man and President of the Dangote Group, has…

Abdulrasak Usman Abdulrasak Usman
News

Dangote Refinery’s Fuel Distribution Drive Poised to Ease Inflation, Says Rewane

Dangote Refinery's direct fuel distribution plan will reduce Nigeria's inflation, according to…

Abdulrasak Usman Abdulrasak Usman
Afreximbank Launches $3bn Credit Facility to Cut Nigeria’s Fuel Import Costs
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President Tinubu Confers GCON on Afreximbank President Oramah for Pioneering Continental Growth

President Bola Tinubu on Friday conferred the prestigious national honour of Grand…

Abdulrasak Usman Abdulrasak Usman
Dangote Refinery Announces Nationwide Petrol Price Reduction The new price regime, which marks a N15 reduction per litre across all regions and partner retail outlets, was posted on the official social media handle of Dangote Refinery on Thursday. It applies to all major fuel marketers in partnership with the refinery, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy. In the earlier pricing template, Lagos residents paid N890 per litre, while prices rose to N920 in the North East and South-South regions. Fire Outbreak as National Sport festival at Underway At Alake Complex0:00 / 0:00 Ogun Women’s Volleyball Team Seal Comeback Win Over Rivers | Punch0:00 / 0:00 With the new adjustment, Lagos residents will now pay N875, while those in the North East and South South will pay N905 per litre. A breakdown of the revised prices shows, Lagos: N875, South-West: N885, North-East: N905, North-West & Central: N895, and South-South & South-East: N905 The Dangote Refinery urged consumers to purchase fuel only from its partner outlets and encouraged Nigerians to report non-compliance via its hotline: +234 707 470 2099 or +234 707 470 2100. “Our quality petrol and diesel are refined for better engine performance and are environmentally friendly,” the company stated in the notice. Related News Petrol price jumps 76% in one year – NBS Naira-for-crude deal caused reduced petrol prices – Dangote NNPCL refineries not producing enough petrol – DAPPMAN Our correspondent gathered the new reduction follows the return of a refund benefit policy offered to its customers earlier this week. The development comes hours after The PUNCH reported that independent oil marketers resumed large-scale importation of petrol, as fresh data shows that over 496.17 million litres of petrol were brought into the country within nine days. Findings using the Tanker Position Report, a document that tracks oil tankers’ movement and was obtained from Blue Sea Maritime by our correspondent on Monday, revealed that 370,000 metric tonnes of petrol were discharged at various depots. These products berthed at seaports between May 11 and 20, 2025. On Monday, the 650,000 Lekki-based facility said the naira-for-crude deal allowed it to reduce the price of petrol, which translates to reduced costs at the pumps. This is even as the company affirmed that the prices of petrol will remain affordable and stable. They said that despite the fluctuations in global crude oil prices, it has consistently reduced the price of petrol. The company, in a release signed by its Group Chief Branding and Communications Officer, Anthony Chiejina, said the decision to maintain price stability reflects its unwavering commitment to supporting the Nigerian economy and alleviating the burden on consumers from the increase in fuel prices by maintaining price stability.
EconomicNews

Dangote Refinery Announces Nationwide Petrol Price Reduction

In a move expected to bring relief to consumers, Dangote Petroleum Refinery…

Oluwafisayo Olaoye Oluwafisayo Olaoye
Dangote Refinery Cuts Petrol Price to N865 Per Litre
Housing

Dangote Refinery Cuts Petrol Price to N865 Per Litre

Dangote Refinery has reduced the price of petrol to N865 per litre.…

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EconomicHousingHousing NewsNews

Dangote Refinery Suspends Petrol Sales in Naira Over Currency Mismatch

Dangote Petroleum Refinery has announced the suspension of sale of petroleum products…

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Dangote Refinery Announces Nationwide Petrol Price Reduction The new price regime, which marks a N15 reduction per litre across all regions and partner retail outlets, was posted on the official social media handle of Dangote Refinery on Thursday. It applies to all major fuel marketers in partnership with the refinery, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy. In the earlier pricing template, Lagos residents paid N890 per litre, while prices rose to N920 in the North East and South-South regions. Fire Outbreak as National Sport festival at Underway At Alake Complex0:00 / 0:00 Ogun Women’s Volleyball Team Seal Comeback Win Over Rivers | Punch0:00 / 0:00 With the new adjustment, Lagos residents will now pay N875, while those in the North East and South South will pay N905 per litre. A breakdown of the revised prices shows, Lagos: N875, South-West: N885, North-East: N905, North-West & Central: N895, and South-South & South-East: N905 The Dangote Refinery urged consumers to purchase fuel only from its partner outlets and encouraged Nigerians to report non-compliance via its hotline: +234 707 470 2099 or +234 707 470 2100. “Our quality petrol and diesel are refined for better engine performance and are environmentally friendly,” the company stated in the notice. Related News Petrol price jumps 76% in one year – NBS Naira-for-crude deal caused reduced petrol prices – Dangote NNPCL refineries not producing enough petrol – DAPPMAN Our correspondent gathered the new reduction follows the return of a refund benefit policy offered to its customers earlier this week. The development comes hours after The PUNCH reported that independent oil marketers resumed large-scale importation of petrol, as fresh data shows that over 496.17 million litres of petrol were brought into the country within nine days. Findings using the Tanker Position Report, a document that tracks oil tankers’ movement and was obtained from Blue Sea Maritime by our correspondent on Monday, revealed that 370,000 metric tonnes of petrol were discharged at various depots. These products berthed at seaports between May 11 and 20, 2025. On Monday, the 650,000 Lekki-based facility said the naira-for-crude deal allowed it to reduce the price of petrol, which translates to reduced costs at the pumps. This is even as the company affirmed that the prices of petrol will remain affordable and stable. They said that despite the fluctuations in global crude oil prices, it has consistently reduced the price of petrol. The company, in a release signed by its Group Chief Branding and Communications Officer, Anthony Chiejina, said the decision to maintain price stability reflects its unwavering commitment to supporting the Nigerian economy and alleviating the burden on consumers from the increase in fuel prices by maintaining price stability.
Housing

Dangote Refinery Reduces Petrol Price by N65 Ahead of Ramadan

The Dangote Petroleum Refinery has announced a reduction of N65 in the…

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Seamless Access: FG to Construct 80-Metre Bridge at Dangote Refinery
News

Seamless Access: FG to Construct 80-Metre Bridge at Dangote Refinery

The Federal Government has unveiled plans to build an 80-metre bridge in…

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Four Billionaires Now Richer Than Half of Africa’s Population, Report Warns
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Dangote Calls $23bn Refinery Project the “Biggest Risk” of His Life

Aliko Dangote, President of Dangote Group, described his $23 billion refinery project…

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Dangote Petroleum Refinery has announced a reduction in the price of its Premium Motor Spirit (PMS) to N900 per litre
News

Dangote Refinery Cuts PMS Price to N900 Ahead of Holidays

Dangote Petroleum Refinery has announced a reduction in the price of its…

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