
Aliko Dangote







There are signs that the Nigerian government will subsidise petrol from the Dangote refinery as marketers speculate that the facility may sell above pump prices.

The Federal Government announced that Dangote Refinery will begin petrol supply tomorrow, with NNPCL as the sole distributor, ensuring fuel availability nationwide.

The Dangote Refinery is preparing to commence petrol distribution on Sunday, September 15, 2024, after production through the NNPC Trading Limited.

African business leaders have been advised by Aliko Dangote, the head of the Dangote Group, to focus on concrete outcomes and decisive action rather than just talk.

The Dangote refinery management said that marketers wrote President Bola Tinubu over a crash in diesel and aviation prices, saying it's affecting their businesses

The Dangote Refinery and the Nigerian National Petroleum Company Limited are finalising a buy-back deal on crude oil sales in the local currency.

Dangote Refinery has revealed that oil marketers are not patronising it because products from the refinery are cheaper compared to those imported from abroad.

Bismarck Rewane, the Managing Director/CEO of Financial Derivatives Company (FDC), has projected that the petrol price hike cost Nigerians N5 trillion.

The Nigerian government has stated that billionaires Aliko Dangote and Femi Otedola could not acquire the Port Harcourt refinery due to opposition from labour unions
Aliko Dangote
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