Tag: fuel Importation

Imported petrol undercuts Dangote as new price war Looms in Nigeria’s fuel market

Business Damilola Bayonle -
Nigeria’s downstream petroleum market has entered a new and potentially disruptive phase as imported Premium Motor Spirit (PMS) has...

NMDPRA fast-tracks petroleum vessel clearance processes

Business Damilola Bayonle -
Petroleum Vessel Clearance Processes Strengthened as NMDPRA Prioritises Faster Approvals Fresh regulatory data has revealed that the Nigerian Midstream and...

IPMAN eyes refinery ownership, orders members to buy Dangote fuel to end imports

Business Damilola Bayonle -
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has unveiled an ambitious plan that could significantly reshape Nigeria’s downstream...

Dangote refinery petrol price cut sparks market shake-up

Business Damilola Bayonle -
Nigeria’s downstream oil market is witnessing a major shift as petroleum marketers consider halting petrol importation following a significant...

NNPC slams neglect for stalled refineries revamp

Business Damilola Bayonle -
The Nigerian National Petroleum Company Limited (NNPC) has admitted that years of neglect of the country’s refineries have continued...

‘NNPC Refineries May Never Work Again’ — Dangote Drops Bombshell

Business Damilola Bayonle -
Africa’s richest man and President of the Dangote Group, Alhaji Aliko Dangote, has cast serious doubt over the future...

Fuel Importation Hits #6tn in Five Months

News Damilola Bayonle -
The Nigerian fuel marketing industry is grappling with the alarming rise in fuel importation costs, which has hit a...