Tag: Dangote Refinery

It Is Illegal for NNPCL to fix prices of Dangote Petrol – Falana

Emporium Reporters

Falana has said it is illegal for the state oil company, NNPCL to determine prices of Premium Motor Spirit also known as petrol after deregulation.   Human rights lawyer, Femi Falana, SAN, stated that the National Nigeria Petroleum Company Limited (NNPCL) has confirmed its resolve to continue to sabotage the national economy through the reckless importation of cheaper petrol from foreign countries at a cost that the nation cannot afford, by selling the petrol produced by Dangote Refinery at a higher price.   Falana said it is illegal for the…

JUST IN: Dangote refinery begins operation

Emporium Reporters

The largest single-train refinery in the world located in Nigeria’s commercial hub began production in the early hours of Friday.   This followed the delivery of six million barrels of crude supply to the refinery this week.   Although it was supposed to begin operations in June 2023, the oil refinery built by Aliko Dangote received its first crude deliveries – late last year – in the latest step to starting up the delayed megaproject.   Billed as Africa’s largest of its type, the 650,000 barrel-per-day Dangote refinery could be…

Buhari inaugurates Dangote refinery today,6 presidents, Tinubu to grace event

Emporium Reporters

President Muhammadu Buhari will today commission the Dangote Refinery and Petrochemicals, the world’s largest single-train refinery in Ibeju-Lekki, Lagos. Daily Trust had exclusively reported Sunday that five other presidents would be joining President Buhari in the epoch-making event that is expected to positively transform Nigeria’s oil and gas sectoral landscape. Expected at the historic event, apart from international dignitaries, are the Presidents of Togo, Gnassingbé Eyadéma; Ghana’s Nana Akufo-Addo; President of Senegal, Macky Sall; President of Niger Republic, Mohamed Bazoum; President of Chad, Mahamat Déby; and a host of ambassadors…

Dangote Refinery Challenges Global Narrative – Azu Ishiekwene

Emporium Reporters

It started like a grudge match. Africa’s richest man, Aliko Dangote, was dealt a bad hand in a failed transaction. Later, he vowed revenge. Not in a pound of flesh, but by venturing to make his own success where he had been ambushed. At issue was the decision of the government of Umaru Musa Yar’Adua in 2007 to reverse the sale of the Port Harcourt and Kaduna Refineries (two of Nigeria’s moribund refineries) to Blue Star, the Dangote-led consortium. Blue Star had paid about $670million for the plants in the…

The scandal in Port Harcourt refinery, by Eric Teniola

Emporium Reporters

Abracadabra is now commonly used as an incantation in the performance of magic. Literally it is used as the more you look, the less you know or see. Abracadabra is the best word t describe what is going on in Port Harcourt Refinery. The Refinery is situated at Alesa Eleme, which is 19km from Port Harcourt city. I have visited the refinery thrice. Twice I accompanied my two bosses, Alhaji Gidado Idris and Chief Ufot Ekaette, both late Secretaries to the Government of the Federation. My last visit to the…