The Federal Government of Nigeria has reassured that the sales of crude oil in Naira initiative will continue, and there will be no disruption in the supply of refined petroleum products across the country. The Federal Government reaffirmed its commitment to ensuring energy security, protecting consumers, and maintaining stability in the domestic petroleum products market. …
The Federal Government has asked the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENSASSAN) to suspend its planned nationwide strike over a feud with the Dangote Refinery and Petrochemicals. The Minister of Labour and Employment, Muhammad Maigari Dingyadi, made the call in a statement on Sunday, September 28. According to Dingyadi, the ministry …
Economist and energy expert, Mr Kelvin Emmanuel, has warned that the actions of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) against the Dangote Petroleum Refinery pose a threat to national security. Mr Emmanuel, the CEO of Dairy Hills, who appeared …
The Bureau of Public Enterprises (BPE) recently hinted at a plan to list two electricity distribution companies (DisCos) and one generation company (GenCos) on the Nigerian Exchange (NGX). Similarly, the Nigerian National Petroleum Company (NNPC) Limited has been nursing this idea since the state-owned oil firm transitioned into a private-driven enterprise. As desirable as their …
The Dangote Petroleum Refinery and Petrochemicals said it has resumed the sale of premium motor spirit (PMS), otherwise known as petrol in naira to oil marketers. The resumption takes immediate effect, the company announced in a statement on Saturday, September 27. "Dear valued customer, following the intervention of the Naira for Crude Technical Committee chairman, …
The refinery says the union’s directive to its members is an act of lawlessness, criminality and amounts to economic sabotage Dangote Petroleum Refinery & Petrochemicals has stated that the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has no right to interfere in the supply of gas and crude oil to the …
Nigeria's hope for cheaper fuel faces a major hurdle as the 650,000 bpd-capacity refinery begins to demand US dollars for petrol sales, creating a new challenge for marketers. The decision by the Dangote Petroleum Refinery and Petrochemicals to suspend sales of Premium Motor Spirit (PMS), also known as petrol in Nigerian Naira, has raised …
Dangote Petroleum Refinery & Petrochemicals has clarified its recent decision to embark on reorganisation of its operations and staff, saying the exercise “is not arbitrary.” Pinnacle Daily reports that the company had in a letter sent to individual staff, announced disengagement of some staff with effect from the eve of Thursday, September 25, 2025. The …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a Sales Purchase Agreement (SPA) between TotalEnergies Exploration and Production Nigeria Limited and Shell Nigeria Exploration and Production Company (SNEPco) and Nigerian Agip Exploration Limited (NAE). In the deal, TotalEnergies is to assign its 12.5 per cent contractor interest in Oil Mining Lease (OML) 118 to …
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has denied demanding N1.505 trillion annual subsidies on petroleum products from Dangote Refinery. DAPPMAN spokesperson, Ikem Ohia, who featured on Channels Television’s Morning Brief on Wednesday, said marketers have been in negotiation with Dangote, and they are only calling on the refinery to make products …
