Dangote refinery’ll drop fuel imports by 450,000bpd, boost export by 200,000bpd—IMF
…Silent on moribund national refineries upon repairs by NNPC The International Monetary Fund (IMF) have joined the Federal Government in praising and explaining the expected contributions of the emerging Dangote Refinery in Lagos, saying the 650,000 bpd capacity would translate…
Development Economist faults Dangote’s claims on refinery product sales
Contrary to the claims of the Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Industries Limited (DIL), Devakumar Edwin, that the high volume of petroleum products from emerging Dangote refinery, located in Lagos, would transform Nigeria from a…
NNPC refineries goldmines ‘poisoned’ by fuel subsidy—Dangote
More strategic revelations are still emerging from the recently concluded 2019 Nigeria International Petroleum Summit (NIPS) in Abuja. The latest is the revelation of the Technical Adviser to the President of Dangote Group on Refinery and Petrochemicals, Mr Babajide Soyode,…
Only advantage Nigeria has on Dangote Refinery is zero freight cost—Expert
Contrary to the ongoing insinuations that the commencement of full scale production by the emerging 650,000 bpd Dangote Refinery will rest scarcity and high cost of petroleum products especially fuel, a product marketing consultant, Mr. Saidu Abubakar, has averred that…
Baru owes Nigerians explanations on where he is in reviving refineries—Stakeholders
Experts in the petroleum industry who discussed way forward at the Nigerian Petroleum Industry Summit in Abuja on Monday have called for clearer explanation on how far the Federal Government has gone through the Nigerian National Petroleum Corporation (NNPC) in…
Dangote Refinery won’t sell fuel at government regulated price—Minister
Minister of State for Petroleum Resources, Dr Ibe Kachukwu has revealed that the emerging 650,000bpd oil refinery in Lagos, is not coming to sell Premium Motor Spirit (PMS) popularly called petrol or any of its products at government regulated prices….
Stop boasting with Dangote refinery, fix moribund refineries, Nigerians tell FG
Series of promotional comments bordering on the advantages of emerging Dangote Refinery in Lekki, Lagos State by the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has attracted the anger of Nigerians who are pained by the failure of…
FG ambushes Dangote refinery, shifts revival of all 4 refineries to 2020
Twist has again, occurred in the federal government’s plan to revive all four national oil refineries as the Minister of State for Petroleum, Dr Ibe Kachukwu, yesterday in Cape Town, South Africa, gave a rather new date of 2020 as…
Dangote refinery can’t pose threat to international refiners on delivery—Yusuf
…Explains why no investor can survive building refinery with credits from local banks The Director General of Lagos Chamber of Commerce and Industry (LCCI), Mr. Muda Yusuf has argued that the coming on stream of Dangote Refinery in Lekki Free…
Argument flares up on actual delivery time of Dangote refinery, group maintains 2020
The given time for the completion and delivery of emerging 650,000bpd refinery being constructed by Aliko Dangote remains 2020 according to the Executive Director, Dangote Group, Devakumar Edwin, who oversees the project. He told Reuters last month that more than…
