Dangote to supply 240m litres of Petrol to IPMAN monthly …C0NTINUE READING HERE >>> Dangote Refinery has entered an agreement to supply 240 million litres of petrol to the Independent Petroleum Marketers Association of Nigeria (IPMAN) monthly. The Refinery is expected to supply the Independent marketers with 60 million litres of petrol weekly which translates … Read more
Dangote Refinery and IPMAN Reach Agreement On Direct Petrol Supply …C0NTINUE READING HERE >>> Newsone Nigeria reports that the Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the commencement of direct sales of Dangote’s Premium Motor Spirit (Petrol) to its members will crash the price of fuel in the country in the coming days. This … Read more
Petrol landing cost drops to ₦971 per litre, pump price remains high …C0NTINUE READING HERE >>> The landing cost of Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria has dropped to ₦971 per litre for November 2024. This reflects a notable 20.23% decrease from ₦1,219 per litre in August, according to data from … Read more
IPMAN: Dangote Sets the Record Straight …C0NTINUE READING HERE >>> The Dangote Petroleum Refinery wishes to clarify that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products. Although discussions are ongoing with IPMAN, it is misleading to suggest that they (IPMAN Members) are experiencing … Read more
BREAKING: Finally, Dangote Refinery reveals cost of its petrol …C0NTINUE READING HERE >>> Dangote Refinery has finally disclosed it sells its Premium Motor Spirit (PMS), popularly known as petrol/fuel, at N990 per litre into trucks. TheNewsGuru.com (TNG) reports Dangote Refinery also disclosed it sells its petrol at N960 per litre into ships, adding … Read more
Ghana to import petrol from Dangote Refinery …C0NTINUE READING HERE >>> The National Petroleum Authority of Ghana says it is proposing to import refined petroleum products from Dangote Refinery to boost its energy security and sustain business cooperation with neighbours. Dr Mustapha Abdul-Hamid, Chief Executive Officer, NPAG, said this at the 2024 OTL Africa Downstream … Read more
Adjust cost, revenue – Tinubu tells Dangote, crude oil committee …C0NTINUE READING HERE >>> President Bola Tinubu has called for cost and revenue adjustment in the oil sector and asked the Implementation Committee on the Naira-based sales of crude oil and refined products to resolve any teething problems in the sector. President Tinubu … Read more
Real reason for fuel scarcity – IPMAN …C0NTINUE READING HERE >>> Mr Ukadike Chinedu, the Publicity Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), says that the scarcity of fuel being presently experienced will soon be over. Chinedu disclosed that the shifting of the supply chain was the cause of the scarcity in the country, … Read more
Buy Petrol At N1k Per Litre or CNG for N200 – President Tinubu Tells Nigerians …C0NTINUE READING HERE >>> Newsone Nigeria reports that Nigeria’s President, Bola Tinubu says Nigerians can buy premium motor spirit (PMS), also known as petrol, at N1,000 per litre or compressed natural gas (CNG) at N200 per standard cubic meter. President Tinubu … Read more
HUNGER; Daily consumption drops by 92% as purchasing power if …C0NTINUE READING HERE >>> As hunger mounts the centre stage, daily consumption of Premium Motor Spirit (PMS) or petrol in Nigeria has dropped drastically under one year after President Bola Tinubu assumed office on May 29, 2023. Data obtained by a national television … Read more
Time to prohibit petroleum product imports – By Magnus Onyibe …C0NTINUE READING HERE >>> In 2011, the Chinese, demonstrating their strategic foresight, established a refinery in Niger Republic, which borders Nigeria to the northeast. This refinery, with a capacity of 20,000 liters per day and a cost of $5 billion, was completed swiftly and produces … Read more
NLC stance on latest hike in petrol price …C0NTINUE READING HERE >>> The Nigeria Labour Congress (NLC) has said that the latest increase in the pump price of petrol will further deepen poverty as production capacities dip. The Congress added that the increase would lead to more jobs lost with multidimensional negative effects, and therefore, … Read more
How Nigeria imported 20.30bn litres of petrol in 2023 …C0NTINUE READING HERE >>> The National Bureau of Statistics (NBS) says 20.30 billion litres of Premium Motor Spirit (PMS) also known as petrol was imported in 2023. The NBS stated this in its Petroleum Products Distribution Statistics for 2023 released in Abuja on Tuesday. … Read more
300 Trucks in Dangote Refinery To Lift Petrol – NNPC Reveals …C0NTINUE READING HERE >>> NNPC has revealed that 300 trucks are in Dangote Refinery to lift petrol. Newsone Nigeria reports that the Nigerian National Petroleum Company (NNPC) Limited on Saturday, September 14, 2024, said about 300 trucks have arrived at the Dangote Refinery ahead of the loading … Read more