Dangote
Unfair criticism of Dangote creating bad waves for Nigeria, says AFDB President, Adesina
Akinwumi Adesina, President of the African Development Bank (AfDB), has expressed shock over the Dangote Refinery issue involving Nigerian government agencies, stating that it is generating negative global perceptions of Nigeria. Recently, the Chief Executive of the Nigerian Midstream and Downstream Petroleum Authority, Farouk Ahmed, said the diesel produced by the $20bn Dangote refinery is […]
NNPC CEO, Mele Kyari Challenges Aliko Dangote To Name Government Workers Behind Fuel Plant In Malta
Mele Kyari, the group chief executive officer (GCEO) of the Nigeria National Petroleum Company (NNPC) Limited, has challenged billionaire businessman, Aliko Dangote, to reveal the identities of NNPC workers accused of establishing a blending plant in Malta. In a statement he issued via his social media platforms, Kyari maintained that he does not own a […]
25 facts about Dangote Refinery
President of the Dangote Group, Alhaji Aliko Dangote led a large team of media and businessmen on a tour of the refinery last Sunday. A lot has been written and said about the engineering marvel. President of the Guild of Editors, Eze Anaba simply described it as ‘monstrous’. When I got close to him I […]
Dangote Refinery Not Yet Licensed – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has disclosed that the 650,000 bpd Dangote refinery has not been licensed. Chief Executive of the authority, Farouk Ahmed spoke with newsmen in Abuja against the backdrop of alleged scuttling of the operations of the refinery by the International Oil Companies. Ahmed dismissed the claim even […]
ICYMI: Dangote Refinery Products Inferior To Imported Ones; Nigeria Can’t Rely On Them Alone To Avoid Monopoly – Nigerian Agency, NMDPRA
Farouk Ahmed, the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has cautioned Nigerians against over-dependence on products from the Dangote refinery. Ahmed highlighted concerns over the consistency and standardisation of the refinery’s output, stating that the quality of its products was inferior compared to the imported quality products. He addressed […]
Dangote, Elumelu, Rewane Enlisted As Tinubu Inaugurates Economic Team
President Bola Tinubu on Thursday inaugurated the Presidential Economic Coordination Council (PECC) tasked with strategising a way out of the current economic situation in the country. The Council has a mix of government officials, top private sector players, and consultants including President of the Dangote Industries Limited, Mr Aliko Dangote; Chairman of the United Bank […]
Dangote Faults CBN’s 26% Interest Rate
Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). While addressing the audience during the opening session of a three-day summit Organised by the Manufacturers Association of Nigeria (MAN) at the Banquet Hall of […]
Crude price hike: Dangote alleges IOCs frustrating refinery
Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, has accused International Oil Companies in Nigeria of plans to frustrate the survival of the new Dangote Oil Refinery and Petrochemicals. Edwin said the IOCs were “deliberately and willfully frustrating” the refinery’s efforts to buy local crude by hiking the cost above the […]
Misinformation Clarified: Aliko Dangote University Mourns Student’s Untimely Passing
Tragedy struck the Aliko Dangote University of Science and Technology, Wudil, Kano State, with the untimely demise of Aishat Yahaya Olabisi, a dedicated 300-level student majoring in Food and Science Technology, found lifeless in her off-campus accommodation. The heartbreaking incident occurred shortly after Olabisi returned from participating in her first examination of the ongoing first-semester […]
Dangote Slashes Diesel Price to N1000 per Litre
Dangote Petroleum Refinery has made headlines by announcing a substantial reduction in the price of diesel, dropping it from N1200 to N1000 per litre. This move follows a previous reduction, as the refinery had supplied diesel at N1200 per litre three weeks prior, which marked a notable 30% decrease from the previous market price of […]