The Nigeria Labour Congress (NLC) has ordered full mobilisation of its affiliate unions in preparation for a nationwide confrontation with the Dangote Group. It accused the conglomerate of waging an “anti-worker crusade” against the Nigerian working class. In an memo signed by Joe Ajaero, NLC
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has accused Dangote Petroleum Refinery of running a grand scheme to weaken organised labour, eliminate competition, and tighten its control of the petroleum sector. In a statement dated September 12, 2025, and signed by Williams Akporeha, its National Executive President, the union criticised the refinery.
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has accused the Dangote Refinery of violating a newly signed agreement with the Federal Government and organised labour. The union warned that it may resume its suspended nationwide strike. In a statement NUPENG alleged that the refinery breached the Memorandum of Understanding (MoU) signed on […]
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the federal government’s intervention is yielding results in the dispute between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote Refinery. Billy Gillis-Harry, PETROAN’s national president, made this known on Channels Television’s The Morning Brief programme on
The petrol-producing unit of the Dangote refinery has been forced offline following catalyst leaks and operational issues, with repairs expected to last at least two weeks, Reuters reported, citing industry sources. According to market monitor IIR Energy, the 204,000 barrels-per-day Residue Fluidised Catalytic Cracking Unit (RFCCU) has been out of service since around 29
Three people were killed on Sunday in Auchi, Edo State, when two trucks and a Mercedes Benz GLK collided in front of the Omega Fire Ministry at midday. Eyewitnesses said one of the trucks belonged to Dangote Cement, while the other has yet to be identified. The crash claimed the lives of all three occupants […]
The Dangote Petroleum Refinery will today commence direct and free shipping of fuel products to retailers across Nigeria, a move aimed at easing distribution bottlenecks and stabilising pump prices. According to sources close to the refinery’s management, the new arrangement will allow licensed fuel marketers to receive supplies without bearing transportation costs, as the
The Nigeria Labour Congress (NLC) has asked the federal government to sell crude oil to the Dangote Refinery in naira, warning that insisting on foreign currency transactions could trigger fresh petrol scarcity and higher pump prices. Joe Ajaero, NLC president, represented by Funmi Sessi, Lagos state chairperson, made the appeal during a facility tour of […]
Aliko Dangote, founder of Dangote Cement Plc, has officially stepped down as Chairman of the company’s Board of Directors, effective July 25, 2025. According to a statement by the company’s spokesperson, Anthony Chiejina, Dangote is retiring from the board to dedicate more time to other strategic projects, including the Dangote Petroleum Refinery, Petrochemicals,
The Dangote Refinery has reaffirmed its commitment to working with petroleum marketers despite suspending its discounted fuel supply programme, following widespread abuse of the scheme by affiliate partners. The company announced that while the collaboration remains active, it is being restructured to ensure accountability and protect market stability. The suspension,
By Tom Okpe The Dangote Cement has launched more than 50 Agriculture Entrepreneurs Farmers Empowerment Programme in Benue State, in its determination to support Governments in food security efforts. The initiative is aimed at enabling farmers, produce subsistence and cash crops in commercial quantity from the State, considered to be the food basket of the […]
BY MOTOLANI OSENI President Bola Ahmed Tinubu has applauded the founder of the Dangote Group, Aliko Dangote, for his unwavering belief in Nigeria and for making bold investments that have become a cornerstone in the country’s economic transformation. Speaking during a high-profile tour of the Dangote Petroleum Refinery and Petrochemicals complex at the weekend, an […]
BY MOTOLANI OSENI Nigeria’s Dangote Oil Refinery is significantly boosting demand for U.S. West Texas Intermediate (WTI) crude, reinforcing economic ties between the two nations as global oil prices recorded their first weekly gain since mid-May. The refinery, which has an installed capacity of 650,000 barrels per day, is now purchasing a third of its […]
By Agency Report Nigerian businessman and chairman of Dangote Group, Aliko Dangote, has hailed the economic policies and programmes initiated by President Bola Tinubu. Dangote said the policies initiated by President Tinubu are decisive and reassuring as they have reignited hope of a better future for Nigeria. Naija News reports that Dangote stated this on […]
BY MOTOLANI OSENI Investors are closely watching Dangote Cement Plc as its market valuation steadies at N7.424 trillion on the Nigerian Exchange ahead of a proposed N30 per share dividend, which is set for distribution on June 23, 2025, pending shareholder approval. The company’s board has recommended the payout based on its strong 2024 earnings, […]
The federal government of Nigeria and Dangote Industries Limited have called for localized production and patient capital to unlock Africa’s economic potential. This message was emphasized during the African Private Capital Association (AVCA) Week held in Lagos from April 28 to May 2, 2025. Keynote addressed were delivered by the Minister of Industry, Trade and […]
Dangote Cement Plc has declared profit after tax of N209.245 billion for the first three months of the year ended March 31, 2025. The Q1 unaudited results of the Company revealed profit after tax rose by 85.7 per cent to N209.245 billion from N 112.674 billion in Q1, 2024, while earnings per share up by […]
By AYOBAMI OMOLE-IYAGIN In a significant step, the Dangote Packaging Limited, DPL, has commissioned some state-of-the-art machinery to enhance its production capabilities. At the commissioning of the machinery on Wednesday, the Managing Director/Chief Executive Officer, DPL, Sai Prakash explained the salient features of the new machinery and described them as the latest
By Emma Okereh Dangote Refinery has crashed its petrol loading price from ₦825 to ₦815 per litre, intensifying competition in Nigeria’s oil market. The crash holds the potential for lower pump prices. This latest adjustment, effective Thursday, is part of the ongoing rivalry in the country’s downstream oil sector. This price cut follows a previous […]
BY MOTOLANI OSENI Dangote Petroleum Refinery is playing a key role in Nigeria’s oil sector revival, marked by the first quarterly growth in five years. The Nigerian oil refining sector saw a notable 9.59 per cent real GDP expansion in the fourth quarter of 2024, a significant rebound after years of contraction. This growth is […]