Nigeria is on track to cut its fuel deficit by 39% to 170,000 barrels per day (bpd) by 2025, down from 280,000 bpd, thanks to rising production levels at the…
Recently, Aliko Dangote, chairman of the Dangote Group, urged petroleum marketers, including the Nigerian National Petroleum Company Limited (NNPCL), to source petrol directly from his refinery. He emphasized that his…
Africa’s richest man, Aliko Dangote, has thrown down the gauntlet to Nigeria’s fuel marketers, asserting that his newly commissioned refinery is more than capable of meeting the nation’s petrol demand.…
In a significant development for Nigeria’s energy sector, the Federal Government is poised to supply 12 million barrels of crude oil to Dangote Refinery in October. This strategic move is…
In a significant development for Nigeria’s fuel market, the Nigerian National Petroleum Company (NNPC) has released an estimate of the petrol prices that will be charged at its retail stations…
In a significant development for Nigeria’s energy sector, the Nigerian National Petroleum Corporation (NNPC) has sought to establish a permanent presence at the Dangote Refinery. This move is tied to…
The Nigerian National Petroleum Company (NNPC) Limited has announced that it has supplied a significant amount of crude oil to the Dangote Refinery, a major step towards enhancing domestic fuel…
The Nigerian National Petroleum Company (NNPC) has sought to allay the concerns of Nigerians over the persistent fuel scarcity that has led to long queues at filling stations across the…
Experts have raised concerns about the potential negative consequences of the NNPC’s recent announcement as the sole buyer of refined products from Dangote’s refinery. Alaba Olusemore, a leading development economist…
In a significant development for Nigeria’s petroleum industry, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has finalized an agreement between the Nigerian National Petroleum Corporation (NNPC) Limited and…