The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned that Dangote Refinery’s plan to distribute fuel directly across the country could lead to a monopoly and mass job losses.
PETROAN, in a statement Monday, said Dangote’s entry...
Dangote Refinery has reduced the price of petrol by N15, bringing it down to N875 per litre in Lagos. Prices vary by region, with N885 in the South West, N895 in the North West and Central, and N905 in the South East, South South, and North East.
The...
The Dangote Petroleum Refinery has once more reduced the price of petrol at its depot, bringing it down to ₦835 per litre.
This fresh cut comes just six days after it previously lowered the rate from ₦880 to ₦865 per...
Dangote Petroleum Refinery has temporarily suspended the sale of petroleum products in naira, citing a need to align sales with crude oil procurement, which is currently in U.S. dollars.
In a notice to petroleum marketers on Wednesday, the refinery explained...
Oil marketers have pledged continued patronage of Dangote Refinery despite fluctuating PMS prices and increased competition in Nigeria’s petroleum market.
Dangote Refinery recently adjusted its Premium Motor Spirit (PMS) price from ₦899.50 to ₦955, raising prices at its affiliated stations...
Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre, offering relief to Nigerians ahead of the festive season.
The statement, issued Thursday morning by Anthony Chiejina, Group Chief Branding and...
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the federal government, through the company, secured a $1 billion loan to assist the Dangote Refinery during a period of financial difficulty.
NNPCL’s Head of Corporate Communications, Olufemi Soneye, made...
The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has refuted recent assertions by Dangote Refinery that any oil marketers landing petrol at prices lower than the refinery’s are importing substandard products. The refinery alleged that these imports...
Dangote Refinery has accused the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) of importing substandard petroleum products and inflating their prices, posing risks to both consumers and vehicles.
In...
The Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Terlumun James, has hinted that members of the association have commenced moves that would ensure the direct purchase of petrol from the Dangote Refinery instead of going through...