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Tag Archives: Dangote Refinery

Dangote refinery makes bold step to drive local content with Nigerian vendors

Dangote refinery

Management of the emerging Dangote Refinery in Lekki has keyed into the campaign of the Nigerian Content Development and Monitoring Board (NCDMB) by agreeing to grant first right of refusal to competent Nigerian vendors that would participate in the construction of the plant from the Nigerian Oil and Gas Industry Joint Qualification System (NOGICJQS). A statement by the local content ...

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Shell punctures FG’s FDI drive, claims N’Delta no longer attractive

Shell

Fresh disquiet on the profitability of foreign direct investments (FDIs) in Niger Delta was created on Thursday, by the General Manager, External Relations, Shell Petroleum Development Company (SPDC), Igo Weli, by saying that the region was no longer attractive for investment. Explaining issues in Port Harcourt on the sideline of an SPDC sponsored two-day meeting with stakeholders in Abia and ...

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NASS summons Minister over collapse of refurbished refineries 6 months after

Yakubu Dogara

Following the alleged discovery that all four national refineries refurbished during the last quarter of 2016 are flat in production, the House Representatives on Monday rose in anger to invite Minister of State for Petroleum, Dr. Ibe Kachikwu, to explain why. However, comments made by the minister during his tour of Dangote refinery penultimate Monday did not show that the ...

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Dangote refinery has capacity for 70% of local demand, end imports from 2019—Ikeji

Dangote refinery

Leading oil and gas law expert and consultant, Mr. Ikechukwu Ikeji, has hinted that “All things being equal, the emerging multibillion dollar Dangote refinery will among other things, be a big game changer”. In an interview, he told Business Hilights that the refinery “has the capacity of giving Nigeria about 70 per cent of refined petroleum needed in Nigeria daily ...

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Why we are building world largest single line refinery in Lekki—Dangote

Dan K1

African lead investor and industrialist, Alhaji Aliko Dangote has given fresh insights on his mission in in the development of Dangote refinery in Lekki Free Trade Zone, Lagos. In his welcome address, during a recent tour of his refinery by the Minister of Petroleum of State for Resources, Dr. Ibe Kachukwu, Dangote explained that his group is building the world’s ...

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Breaking: Minister tours Dangote refinery, Lekki, seeks early completion

Dan K1

Barely 24 hours after he hinted the desire of the federal government to quit further oil exploration and; three day he signaled plans to sell off two ‘commercially unviable’ refineries, the Minister of State for Petroleum, Dr. Ibe Kachukwu, on Monday paid a working visit to the premises of emerging Dangote Refinery, Lekki, in Lagos. Key plea to the investor, ...

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Expert explains issues misinterpreted by Nigerians about Dangote refinery

Dangote

Contrary to the believes of several Nigerians that emergence of Dangote Refinery coming up in Lekki, Lagos State will crash the price of petroleum products, a Petroleum marketing consultant, Alhaji Mohammed Sani has said the refinery remains an international  private investment which can only sell its products according to prevailing international prices. Dangote Group is developing the South-East Quadrant of ...

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Nigeria’ll continue to import petrol in 2019 and Kachikwu’ll not resign, says analysts

Ibe Kachikwu

Recent pronouncement by the Minister of state for Petroleum that he would resign come 2019 if Nigeria failed to stop importing refined petroleum products has raised reactions from industry experts. Whereas many of them argued that he may be swept away in the next cabinet reshuffle, other say he did not ‘watch his back’ well before the comment. According to ...

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