Tag Archives: Refinery

Africa’s richest man and the President of Dangote Group, Aliko Dangote, has accused the Nigerian Union of Petroleum and Natural Gas Workers of collecting as much as N50,000 on every truck that loads fuel at the refinery, warning that such charges ultimately push up fuel pump prices and burden consumers. While NUPENG neither confirmed nor denied the allegation, industry experts …

As the Dangote refinery launched its direct fuel distribution scheme, bulk fuel consumers and filling stations are dumping their middlemen suppliers for Dangote’s free delivery. The President of the National Association of Road Transport Owners, Yusuf Othman, stated this during a live programme on TVC News. Othman, who condemned the free delivery of fuel to filling stations, telecom companies, and …

Mr Otedola advises DAPPMAN members to focus on owning and scaling retail outlets, rather than holding on to tanks built for a fuel import economy that no longer serves the country. Femi Otedola, billionaire businessman and chairman of Geregu Power Plc, has expressed strong support for Aliko Dangote, founder and president/chief executive of the Dangote Group, in his dispute with the …

•More vessels deliver crude oil, load refined products — Consultant The development was attributed to the impact of the 650,000 barrels per day, bpd Dangote Petroleum Refinery, which imported crude oil from many nations, including the United States, Brazil, Angola, and Equatorial Guinea. However, Financial Vanguard’s quarterly analysis revealed a mixed picture, indicating that in Q1’25, crude imports stood at …