Amid rising concerns over potential disruptions in the nation’s fuel supply chain, key players in Nigeria’s downstream petroleum sector have called on President Bola Ahmed Tinubu and relevant stakeholders to urgently intervene in the ongoing face-off between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Dangote Refinery. The Petroleum Products Retail
In what industry observers are describing as a strategic move to dominate Nigeria’s diesel supply chain, the Dangote Petroleum Refinery has once again reduced its depot price for Automotive Gas Oil (AGO), bringing it down from ₦990 to ₦960 per litre. The new rate, which applies specifically to large-scale bulk purchases of two million litres
In a major breakthrough in its ongoing efforts to sanitize Nigeria’s oil and gas sector, the Economic and Financial Crimes Commission (EFCC) has recovered over N5 billion and $10 million from individuals and entities implicated in the massive fraud surrounding the botched Turnaround Maintenance (TAM) of Nigeria’s three major refineries, Port Harcourt, Warri, and Kaduna.
Afreximbank has emerged as the mandated lead arranger in a landmark US $4 billion syndicated refinancing for Dangote Industries Limited. In a deal signed on 4 August 2025, the Pan‑African bank committed US $1.35 billion—the largest single tranche—to help refinance the Dangote Petroleum and Petrochemicals Complex, the world’s largest single‑train refinery with a 650,000-barrels‑per‑day capacity. Since operations kicked off in
Lagos, Nigeria – Dangote Petroleum Refinery has formally withdrawn its N100 billion lawsuit against the Nigerian National Petroleum Company Limited (NNPC Ltd) and two other firms, AYM Shafa Limited and A.A. Rano Limited, court documents reveal. The refinery’s lead counsel, Ogwu James Onoja SAN, filed the notice of discontinuance at the Federal High Court
In what marks a significant step toward reshaping Nigeria’s downstream oil and gas logistics, the Dangote Petroleum Refinery has officially received a fleet of 4,000 Compressed Natural Gas (CNG)-powered trucks at its Lagos facility. The arrival of the vehicles signals an aggressive push towards the refinery’s scheduled fuel distribution rollout set for August 15, 2025.
The management of Dangote Petroleum Refinery and Petrochemicals has announced the immediate suspension of its discounted fuel pricing scheme following revelations of widespread abuse and diversion of products by some affiliated marketers and strategic partners. In an internal investigation carried out by the refinery, it was discovered that several marketers who were granted access to
As Nigeria’s Federal Government gears up for a comprehensive review of its refining assets in 2025, insiders at the Nigerian National Petroleum Company Limited (NNPCL) signal a potential move to sell its state-owned refineries in Warri, Port Harcourt, and Kaduna. This decision stems from persistent challenges tied to underperformance, massive capital expenditure, and a renewed
July 11, 2025 | Abuja — Dangote Petroleum Refinery has once again rebuffed the Federal Competition and Consumer Protection Commission’s (FCCPC) bid to join its ongoing lawsuit seeking N₦100 billion in damages against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other marketers over alleged unlawful fuel import licences. In a fresh ruling
July 11, 2025 — Walvis Bay, Namibia Nigeria’s Dangote Petroleum Refinery plans to construct a fuel storage complex in Walvis Bay with a capacity of at least 1.6 million barrels of gasoline and diesel, Reuters reports . The initiative is part of a strategy to enhance refined fuel supplies to southern African countries, including Botswana, Namibia, Zambia,
