Nigeria energy security
Dangote clinches N11bn crude oil deal in July – NNPC
The Nigerian National Petroleum Company Limited (NNPC) has revealed that the Dangote Petroleum Refinery accounted for more than 32 per cent of crude oil sales in July 2025, underscoring the growing role of the $20bn Lagos-based refinery in Nigeria’s oil and gas sector. According to internal records presented at the Federation Account Allocation Committee (FAAC) […]
Dangote Refinery Dismisses Shutdown Rumours, Assures 40m Litres Daily
The Dangote Petroleum Refinery has debunked widespread rumours alleging an operational shutdown, assuring Nigerians that it continues to supply over 40 million litres of petrol daily alongside steady diesel deliveries. In a strongly worded statement on Friday, Group Chief Branding and Communications Officer, Anthony Chiejina, dismissed claims that the refinery had suspended truck loading or […]
$1.2bn Modular Refinery Investment Linked to NMDPRA Licensing – DAPPMAN
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has commended the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for its strategic regulatory oversight, which it says has attracted over $1.2 billion in modular refinery investments since 2022. The association described the NMDPRA’s reforms as a major catalyst for stability, innovation, and investor […]
Dangote Clarifies: No Competition with NNPC
In a significant development aimed at reinforcing Nigeria’s energy security and economic collaboration, President of the Dangote Group, Alhaji Aliko Dangote, has publicly affirmed that his $20 billion Dangote Refinery is not in competition with the Nigerian National Petroleum Company Limited (NNPC). Instead, he emphasized a new era of cooperation between both entities in the […]