Group Chief Executive Officer of the Dangote Refinery, Bayo Ojulari, on Saturday, paid a courtesy visit to the Dangote Petroleum Refinery, revealing that the plant has exceeded its projected capacity of 650,000 barrels per day. Ojulari hailed the President of the Dangote Group, Alhaji Aliko Dangote, for his leadership vision and inspiration in building the …
President/Chief Executive, Dangote Industries Limited, Alhaji Aliko Dangote, hosted Group Chief Executive Officer of Nigeria National Petroleum Company Limited (NNPC), Engr Bashir Bayo Ojulari, and other top executives of the national oil firm at the Dangote Petroleum Refinery and Petrochemicals on Saturday, February 21, 2026. Here are photos: The visit follows the announcement by …
In a historic shift for Nigeria's downstream oil sector, the Dangote Petroleum Refinery has overtaken importers to become the country's dominant supplier of petrol. In January, the refinery supplied nearly 62 per cent of Nigeria's Premium Motor Spirit (PMS), also known as petrol, significantly reducing the nation's long-standing reliance on imported fuel. The Fact Sheet released by …
Billionaire businessman Femi Otedola has expressed optimism that with the Dangote Refinery operating at its full capacity of 650,000 barrels per day (bpd), the naira will trade below ₦1,000 per dollar before the end of 2026, reflecting the impact of the refinery's operations on Nigeria's foreign exchange market and the economy generally. Otedola stated this …
Nigeria’s long-standing quest for fuel self-sufficiency has received a significant boost as the Dangote Refinery successfully ramps up its Crude Distillation Unit (CDU) and Motor Spirit production block to a full capacity of 650,000 barrels per day (bpd). This followed a period of scheduled maintenance and technical stabilisation. The refinery made this known in a …
Dangote Petroleum Refinery has reduced the ex-depot price of its Premium Motor Spirit (PMS), also known as petrol from ₦799 to ₦774 per litre, reflecting a ₦25 cut. The refinery made this known in a notice sent to marketers on Tuesday, February 10. According to the refinery management, the price adjustment takes immediate effect. Pinnacle …
Competition in Nigeria’s downstream petroleum sector has intensified once more following a drop in the landing cost of imported Premium Motor Spirit (PMS), commonly known as petrol, below the ex-depot price offered by the Dangote Petroleum Refinery. The Widening Price Gap According to the Major Energies Marketers Association of Nigeria (MEMAN) Competency Centre Energy Bulletin, …
Dangote Refinery has announced plans to begin the local production of surfactants, a key raw material used in the manufacture of detergents and other cleaning products in Nigeria. Surfactants are essential ingredients in household and personal care detergents, commonly used for washing clothes, cleaning surfaces and maintaining personal hygiene. They are produced by refining petroleum …
Dangote Refinery has revised its distribution policy, saying marketers are now free to choose between gantry and coastal loading of petroleum products from the refinery. It said the refinery does not impose restrictions on the evacuation modes chosen by marketers. Change in Distribution Policy In a statement released on Thursday night, the refinery, however, warned …
The Dangote Petroleum Refinery has again clarified its operations following allegations that it was importing finished fuel into Nigeria. It dismissed reports claiming that it imports finished petroleum products (petrol, diesel, or aviation fuel), describing them as false and rooted in a misunderstanding of the standard refinery's operations. According to a statement released by the …
