NNPCL secures a $1B loan for Dangote refinery, facilitates a $3B forex boost, and drives energy innovation with CNG adoption
Dangote refinery
-
-
Nigeria’s Dangote Refinery exports petrol to Cameroon, Ghana, Angola, and South Africa.
-
Nigerian banks increase petrol import financing to ₦3.5tn in bid to ensure supply stability.
-
Petroan insists it will import its petrol cheaper than existing prices
-
‘It is a double tragedy,’ says Dangote, insisting NNPC and marketers must begin to source fuel locally and stop importing.’
-
Instead, Tinubu touts Naira based crude sales as a way of reducing foreign exchange dependency.
-
The start of operations of Aliko Dangote’s Lagos‐based refinery have helped him double his net worth to $28 billion, according to Bloomberg Billionaires Index.
-
The federal government has decided that petroleum marketers in Nigeria can buy petrol directly from Dangote Refinery instead of NNPCL which has been the sole off taker.
-
Dangote Refinery is a transformative project that will change the future of Africa, AU’s Chambas says.
-
Nigeria’s Federal Government has started delivering 400,000 barrels of crude oil daily to the Dangote Refinery under the naira-for-crude deal
Newer Stories
