Petrol Price Cut: NNPC Sells at N910 in Lagos
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
Category : Search result: refinery privatisation
Imo Secures 30.6 Hectares for Modular Refinery
Imo State government acquires 30.6 hectares in Nekede for Iheoma Marginal Field modular refinery project, promising job creation and economic boost for the region.
Dangote Refinery: We Caused Fuel Price Cut, Not Government
Dangote Petroleum Refinery clarifies it initiated recent pump price reductions, not government tariff reversals. Learn how their November 6 price cuts impacted market dynamics across Nigeria.
Dangote Denies Viral Bike Fuel Delivery Scheme
Dangote Petroleum Refinery has officially denied involvement in a viral fuel delivery video. The company clarifies it has no bike delivery service for individual consumers. Read full details.
Suspended 15% Import Duty Threatens Domestic Refining
The CPPE warns that suspending the 15% import duty on fuel and diesel jeopardizes Nigeria's domestic refineries and energy security. Learn why this policy reversal risks billions in investments.
Serbia's NIS oil firm faces shutdown amid US sanctions
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
MURIC faults fuel import tariff suspension, demands reversal
Muslim Rights Concern and other groups criticize FG's suspension of 15% fuel import tariff, calling it harmful to Nigeria's economic growth and local refining capacity. Demand immediate policy reversal.
Dangote Refinery Increases Cooking Gas Price by N85
Nigerians face higher cooking costs as Dangote Refinery hikes LPG price to N800/kg. Learn about market factors and government response to the increase.
Bulgaria Takes Control of Russian Lukoil Refinery
Bulgaria appoints special administrator for Lukoil's Neftochim refinery after US sanctions. Parliament authorizes asset seizure amid energy security concerns. Read full details.
Serbia's Winter Energy Crisis Deepens Amid Sanctions
Serbia faces severe winter energy crisis as US sanctions on Russian-owned NIS refinery threaten fuel supplies. With reserves depleting by November 25, Belgrade's diplomatic balancing act hits critical point. Read full analysis.
Private Depots Slash Fuel Prices Below Dangote Rates
Nigerian private depot owners engage in price war with Dangote Refinery, reducing diesel to N940/litre and petrol prices across major depots. Market competition intensifies.
FG Suspends 15% Fuel Import Duty, Price Crash Looms
The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.
Dangote Refinery Increases Petrol Price to N860/Litre
Dangote Petroleum Refinery has increased petrol prices by N32 per litre just days after a reduction, causing depot operators to follow suit. Learn how this impacts Nigeria's fuel market.
Cooking Gas Prices Surge Above N1,100 Nationwide
Nigerians face painful cooking gas price hikes as costs reach N2,000 per kg in Abuja, Lagos, and other cities. Marketers blame supply disruptions and logistics challenges for the crisis.
Dangote Triggers Petrol Price Crash in Nigeria
Dangote Refinery's price cut forces filling stations to reduce petrol prices. MRS, AP, Heyden stations react as marketers halt imports. Read the latest market analysis.
Dangote Refinery Price Cut Halts Petrol Imports
Dangote Refinery's latest ₦49 petrol price reduction forces marketers to suspend imports. Learn how this reshapes Nigeria's fuel market and potential impacts on supply.
Ex-Gov Sylva on FBI Watchlist Over $14.8M Scandal
Former Petroleum Minister Timipre Sylva declared wanted by EFCC for alleged $14.8M conversion, placed on FBI and Interpol watchlists. Political persecution claims emerge.
EFCC declares Timipre Sylva wanted over $14.8M fraud
Former Petroleum Minister Timipre Sylva declared wanted by EFCC for alleged $14.8M fraud. Court issues arrest warrant. Contact authorities with information.
EFCC Declares Ex-Governor Timipre Sylva Wanted
Former Bayelsa governor Timipre Sylva declared wanted by EFCC over alleged $14.8 million fraud linked to NCDMB refinery funds. Nigerians react as court warrant issued.
Petrol Price Drops at Nigerian Filling Stations
Nigerians celebrate as Dangote Refinery's market impact forces petrol prices down across filling stations. Get the latest on fuel cost reductions and economic implications.
Dangote Refinery Sparks Cooking Gas Crisis in Nigeria
Nigeria faces an impending cooking gas crisis as Dangote Refinery unexpectedly hikes prices by 25%, triggering panic among dealers and consumers across the nation.
Dangote Refinery Withdraws Lawsuit Against NMDPRA
In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.
Ondo Refinery Construction Begins - Economic Boom Ahead
Ondo State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
FG to Sell Nigeria's Dormant Refineries After Years of Losses
The Federal Government announces historic decision to sell Nigeria's dormant refineries, marking a major shift in the nation's energy sector after decades of operational failures and financial losses.
Dangote Refinery Slashes Diesel Price to ₦1,000/Litre
Aliko Dangote's mega refinery triggers nationwide economic shift with dramatic diesel price reduction, offering relief to Nigerian businesses and consumers amid inflation pressures.
Nigeria to Privatize Refineries in Historic Agreement
In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.
Manufacturers Demand Privatization of Nigeria's Refineries
MAN advocates complete privatization of Nigeria's state-owned refineries to address persistent fuel shortages and boost manufacturing sector competitiveness.
FG Plans Refinery Sale to Boost Competition
The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.
Ondo State Set for Multiple Refinery Projects
Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.
Dangote Refinery Cuts Petrol Price to ₦880.5/Litre
Dangote Refinery and its depots have significantly reduced petrol prices to ₦880.5 per litre, creating intense market competition and potential relief for Nigerian consumers.
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