Lagos Dangote refinery coming with 3 comparative advantages—Oyibo
A former Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Chief Chambers Oyibo has given a comparative analysis of the emerging Dangote Refinery located within the waterfront of Lekki Free Trade Zone, Lagos, saying the decision to site it…
Revealed: EU refineries restless over emerging delivery of Dangote refinery
…SPEs summit begins today in Lagos As the Eko Hotels and Suites in Lagos is set to host the 2018 annual summit of the Society of Petroleum Engineers (SPEs) from today, Monday, August 6, 2018, the true colours of owners…
African nations anxiously waiting for the Dangote Refinery—Ghanaian President
The President of Ghana, Nana Akufo-Addo has given indication of joining other African petrol importing nations in dragging for products purchase at the emerging Dangote Refinery, Lagos. Speaking while declaring open the Ghanaian International Petroleum Conference (Ghipcon 2018), which held…
Dangote, Quantum Petrochemical to feed Nigeria’s rising CAGR in plastics industry
Latest report by Mckinsey & Company has shown that just as the compound annual growth rate (CAGR) for the plastics sub-sector in Nigerian will jump to 7 per cent over the next 10 years, supplies to come from emerging Dangote…
As FG readies to earn $560bn from Lekki Deep Seaport, can Lagos survive the gridlocks?
Giving details of the aggregate economic advantage during the recent presidential visit to Lekki Deep Seaport in Lagos, President Muhammadu Buhari noted that on completion in 2020, the facility will be earning Nigeria’s economy $560 billion with an estimated $361…
Did FG deceive Nigerians on N500bn SWS palliative for N145 fuel hike?
More than one year after, Nigerians seem to have forgotten the child-calming pill used to buy their healthy conscience in agreeing with the federal government to hike fuel price from N86.50 to N145 in May 2016. The pill was a…
Dangote refinery makes bold step to drive local content with Nigerian vendors
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…
Shell punctures FG’s FDI drive, claims N’Delta no longer attractive
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…
NASS summons Minister over collapse of refurbished refineries 6 months after
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…
Dangote refinery has capacity for 70% of local demand, end imports from 2019—Ikeji
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…
