The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Refinery to lift products directly. IPMAN National President, Abubakar Garima who announced this after a meeting of the National Working Committee of the Association said the partnership will ensure a steady, and affordable supply of PMS products nationwide. Girima said PMS, AGO,…
The Petroleum Products Retail Outlets Owners Association of Nigeria says the Dangote Petroleum Refinery is inconsiderate for selling petrol at N990/litre, stressing that the company enjoyed massive concessions while accessing foreign exchange during its construction. PETROAN also insisted that imported petrol was cheaper than the N990/litre price of Dangote petrol. Major marketers recently revealed that…
Dangote Refinery has disclosed its petrol price, saying that it sells at N990 per litre in trucks and N960 per litre in ships. The disclosure follows the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) claim of importing the products at cheaper rates compared to that…
The President and Chief Executive of Dangote Group, Aliko Dangote, on Tuesday shed more light on how to end the reoccurring issue of fuel queues in the country. Dangote, who briefed State House reporters in Abuja, urged the Nigeria National Petroleum Company Limited (NNPCL) and marketers across the country to stop the importation of fuel….
The Independent Petroleum Marketers Association of Nigeria is poised for talks with Dangote Petroleum Refinery between Tuesday and Wednesday to finalize agreements on the cost and lifting of petrol from the plant. It was learned on Sunday that the Petroleum Retail Outlet Owners Association of Nigeria had been asked by the $20bn Lekki-based refinery to…
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has expressed his regret for not buying Arsenal when his interest lies with owning a football club. He said he wished he had bought the English side club when the team was valued at around $2 billion. Speaking in an interview with Bloomberg’s Francine…
This has happened as a result of the student body’s insistence on carrying out the organized statewide demonstration against the rise in petrol prices. The National Association of Nigerian Students (NANS) leadership has declared that should the necessity arise, it is prepared to meet with President Bola Tinubu to discuss its demands for the reversal of…
Over the weekend, the Federal Government took action to lessen the malaria plague. It designated prominent banker Tony Elumelu, astute businessman Femi Otedola, and the wealthiest man in Africa, Aliko Dangote, to spearhead the new initiatives to end the threat. During the team’s inauguration in Abuja, Dr. Tunji Alausa, the Minister of State for Health…
This was contained in a statement signed on Tuesday by the Group Chief Branding and Communications Officer, Dangote Industries Limited, Anthony Chiejina. The denial comes following reports by some publications, that the refinery was in talks with oil marketers, and that petrol may sell for as low as ₦600 per litre. The company, however, emphasised…
