Dangote Refinery Archives - Independent Digital News Network

Dangote Warns Of Resistance As Nigeria’s Fuel Power Battle Deepens Around NNPC And Import Interests

Dangote fuel power battle tensions are escalating as disputes over refinery dominance, petrol imports, market control, and pricing structures deepen across Nigeria’s downstream oil sector. Fresh comments from the Dangote Refinery warning about resistance from entrenched interests have intensified debate over whether Nigeria’s long-promised energy independence is colliding with powerful networks tied to the old fuel import system.

Dangote Refinery Raises Petrol Price to ₦799 per Litre

IDNN5 months ago5 months ago0

Dangote Petroleum Refinery has increased the ex-depot price of Premium Motor Spirit to ₦799 per litre, reflecting ongoing adjustments in Nigeria’s downstream oil market. Industry sources say the price review is linked to crude oil input costs, exchange rate pressures and logistics, raising fresh concerns over pump prices, transport costs and broader inflationary effects across the economy.

Dangote Refinery Cuts Petrol Price to ₦840 as Global Oil Crash Hits Nigerian Market

IDNN7 months ago7 months ago0

The Dangote petrol price ₦840 reduction has rippled across Nigeria’s downstream sector after global crude prices plunged to $62 per barrel. Major depots including AIPEC and NIPCO have matched the new gantry price, sparking fresh debate about pump-price relief and market stability as OPEC+ maintains its production pause into early 2026.

DANGOTE’S PETROL PRICE SLASH TRIGGERS MARKET SHOCK — IMPORTERS MAY HALT FUEL SHIPMENTS

IDNN7 months ago7 months ago0

⚙️ The Move That Tilted the Market Dangote Petroleum Refinery’s new gantry price of ₦828 per litre — down from ₦877 — has flipped Nigeria’s...

The Tariff Gamble — Inside Tinubu’s 15% Fuel Import Duty and the War for Nigeria’s Refining Future

IDNN8 months ago8 months ago0

The Federal Government’s approval of a 15% import tariff on petrol and diesel is reshaping Nigeria’s oil market. Beyond the headlines lies a calculated economic gamble to fortify local refining, restore forex stability, and tilt power away from foreign traders

Dangote Assures Stable Fuel Prices Despite 15% Import Tariff

IDNN8 months ago8 months ago0

The Dangote Group has moved to calm public concern, assuring that fuel prices will remain stable despite the Federal Government’s approval of a 15% import tariff on petrol and diesel.

⛽ Fuel Prices Set to Break ₦1,000 Mark as Tinubu Approves 15 % Import Tariff

IDNN8 months ago8 months ago0

Petrol could sell above ₦1,000 per litre after President Tinubu approved a 15 percent ad valorem tariff on fuel imports to protect local refiners. While government insists the duty will stabilise supply and boost revenue, marketers warn it could ignite another price surge and deepen hardship for millions already struggling with record inflation.

Confidence Abroad, Contraction at Home: The Split Reality of Nigeria’s 2025 Economy

IDNN8 months ago8 months ago0

Nigeria is winning praise abroad but losing traction at home. From FATF reforms that restored global confidence to Dangote’s refinery expansion signaling industrial ambition, the country looks renewed on paper — yet on the ground, manufacturing is stalling, demand is collapsing, and inflation keeps biting. This is Nigeria’s new economic paradox.

Dangote Refinery Expansion to 1.4m bpd — Africa’s Richest Man Targets Global Oil Dominance

IDNN8 months ago8 months ago0

Aliko Dangote has unveiled plans to double the capacity of his Lagos refinery from 650,000 to 1.4 million barrels per day, aiming to rival the world’s largest petroleum facilities. The $5 billion expansion will boost exports, stabilize local fuel supply, and reinforce Nigeria’s position as Africa’s refining hub under the Euro VI emission standard.

Dangote Refinery Deploys CNG Trucks as Petrol Prices Rise Nationwide

IDNN8 months ago8 months ago0

The Dangote Petroleum Refinery has begun using compressed natural gas (CNG)-powered trucks to distribute petrol at ₦850 per litre, amid nationwide price surges. Market data show retail prices rising to ₦955 per litre in major cities, despite hopes that direct Dangote supply would stabilise costs. The move signals a deepening realignment in Nigeria’s fuel economy.