MAN Commends FG for Stimulating Demands for Nigerian Oil
The government should attract investment in new refineries to ensure long-term energy security and promote competition.
The government should attract investment in new refineries to ensure long-term energy security and promote competition.
Dangote disclosed that the expansion will be completed by 2028, with construction leveraging existing infrastructure such as ports, land, and logistics systems established during the refinery’s first phase.
Dangote emphasised that without Afreximbank, the Dangote refinery, petrochemical, and fertilizer projects “would never have been possible,”adding that Africa must continue to build strong African-owned banks that understand and trust African entrepreneurs.
VP Shettima while stating that Dangote Refinery must be protected at all cost, he added that the $20 billion facility is a national asset that must be supported to function.
• Aliko Dangote “Effective 15th of August 2025, the Dangote Petroleum Refinery will begin the distribution of Premium Motor Spirit (PMS) and diesel to marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country, with free logistics to boost distribution network.” The company said in a press statement : ” The…
Dangote Petroleum Refinery on Saturday reacted sharply to the trending decline in international crude oil prices. The refinery announced an adjustment to its ex-depot price of petrol, from N950 to N890, effective from Saturday, February 1. A statement from Dangote Petroleum Refinery, issued by the Group’s Chief Branding and Communications Officer, Anthony Chiejina, said that…
Francis Meshioye, the President of the Manufacturers Association of Nigeria (MAN), says that the Dangote Petroleum Refinery needs all the support of Nigerians – the government, regulators and Marketers, to enable it to perform optimally. “The Refinery will be a reliable source of fuel and petrochemical products that are essential for capacity utilisation and value addition…
Laboratory tests conducted by the members of the House of Representatives on Dangote diesel has revealed that the product is of superior quality compared to imported equivalents and meet international standards.The Speaker of the House of Representatives, Rt Hon. Tajudeen Abbas and other members, had during a tour of both Dangote Petroleum Refinery and the…
It appears that the objective of the IOCs is to ensure that Nigeria remains a country which exports Crude Oil and imports refined Petroleum Products.
1. Dangote Refinery capacity650,000 barrels of installed capacity and 300,000 barrels a day.2. The Netherlands Shell’s Pernis Refinery 246,00bpd capacity and an installed capacity of 404,000bpd, is the biggest in Europe. 3. The BP Rotterdam Refinery in the Netherlands has a capacity of 380,000 bpd. 4 . The GOI Energy ISAB Refinery in Italy was…