Independent petroleum marketers in Nigeria are optimistic that the Dangote Refinery could lower petrol prices to N600/litre, providing relief amid ongoing fuel market challenges.
Dangote refinery
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CORAN members await crude oil sales in naira. Regulatory guidelines needed for implementation.
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Former President Obasanjo reveals Shell’s refusal to invest in Nigerian refineries due to corruption.
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Former President Obasanjo warns that those benefiting from Nigeria’s fuel importation industry might frustrate the Dangote Refinery’s success, urging broader economic reforms.
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Nigeria’s new naira crude sales to local refineries aim to end a two-decade-old opaque system and enhance transparency.
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Niger Delta stakeholders urge President Tinubu to act against the oil subsidy mafia sabotaging refineries, including the new Dangote Refinery.
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Nigeria’s oil sector is at risk due to a dispute between Dangote Industries and NMDPRA, impacting investment and development prospects.
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NNPC’s ownership in Dangote Refinery reduces to 7.2% as financial and market challenges increase.
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The Dangote Refinery is set to commence petrol production in August, following the resolution of crude supply issues, marking a significant milestone for Nigeria’s oil sector.
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The Nigerian government and oil sector stakeholders discuss strategies to ensure the importation and distribution of high-quality fuel, addressing public concerns.