
Aliko Dangote







The Minister of Works, Dave Umahi, has given cement manufacturers a seven-day ultimatum to crash prices to N7,000 per 50kg bag or face the consequences.

According to a report by the CBN, Dangote Fertilizer Ltd and Indorama Eleme Fertilizer & Chemical were the leading non-oil exporters in October 2024.

Nigerian companies have recorded huge foreign exchange losses, with MTN Nigeria, Nestlé, and Nigerian Breweries Plc among those that suffered the biggest losses.

The marketers explained that the sudden price cuts from big players like the NNPCL and Dangote Petroleum Refinery is harmful to the small players in the industry.

The cost of importing Premium Motor Spirit, also known as petrol, into Nigeria has dropped amid a price war between marketers and Dangote Petroleum Refinery.

In the drive to cleaner energy, the federal government is out to ensure that every filling station has a CNG pump, and has detailed how the support will be offered.

After reducing fuel prices, Dangote has been praised by AYIFER for easing Ramadan burdens and ending NNPC's monopoly. AYIFER urged NNPCL to revive Kaduna refinery.

Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has sent a message to NNPC limited and also Dangote refinery on fuel price changes.

In the midst of the intense price war in the petroleum industry, PETROAN warned Tuesday against monopolies and unfair competition in the downstream oil sector.
Aliko Dangote
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