Dangote Petroleum Refinery and Petrochemicals (“DPRP” or the “Enterprise”) has noted with concern the recent circulation of unauthorised information across various media and social platforms regarding a potential Initial Public Offering (“IPO”).   DPRP further notes that several online platforms and unofficial sources have published unverified, and in some instances inaccurate, information relating to a […]

Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (PMS) to N1,200 per litre, alongside a coastal price of N1,153 per litre, despite rising crude oil prices driven by ongoing tensions in the Middle East. The downward adjustment in ex-depot pricing comes at a time when global oil markets are […]

…PMS cheaper in Nigeria than US, UK, South Africa, Ghana, others   Nigeria has retained one of the lowest petrol prices globally despite recent increases driven by geopolitical tensions in the Middle East, with industry data pointing to the stabilising role of Dangote Petroleum Refinery & Petrochemicals in cushioning the domestic market.   According to […]

Dangote Cement Plc (DCP), a subsidiary of Dangote Industries Limited, at the weekend in Lagos signed a landmark agreement with Sinoma International Engineering for the construction of 12 new projects and expansion of others across Africa.   The landmark agreement, with an estimated investment of over $1 billion, reinforces the Company’s long-term growth strategy and […]

Dangote–NNPC Alliance To Redefine Nigeria’s Energy Security, Deepen Industrialisation – Ojulari   …We Can Revolutionise Africa’s Industrial Transformation – Dangote   Strategic collaboration between the Nigerian National Petroleum Company Limited and Dangote Petroleum Refinery & Petrochemicals has the potential to redefine Nigeria’s energy security, deepen industrialisation and create enduring national value across the upstream, gas […]

Dangote Petroleum Refinery has reaffirmed its capacity to supply fuel volumes significantly more than Nigeria’s estimated domestic consumption.   The refinery said it can supply 75 million litres of Premium Motor Spirit (PMS) daily against an estimated national consumption of 50 million litres, alongside 25 million litres of Automotive Gas Oil (AGO) compared with an […]