News

Petrol import licence: Court rules on NNPCL objection to Dangote Refinery’s suit March,18

DailyTimesNGR DailyTimesNGR 5 February 2025 0

BY ANDREW OROLUA A Federal High Court in Abuja will rule on the objection filed by Nigeria National Petroleum Company Limited (NNPCL) on March 18 as the company insisted the Court lacked jurisdiction to entertain a suit filed by Dangote Refinery challenging the issuance of petrol import

Headlines

Dangote Praises Tinubu’s Crude-for-Naira Deal

Ihesiulo Grace 22 December 2024 0

Aliko Dangote, President of Dangote Industries Limited, has commended President Bola Tinubu for facilitating the implementation of the crude-for-naira deal, which he credited with reducing petroleum product prices across Nigeria. In a statement shared with DAILY POST, Africa’s richest man emphasized his dedication to providing Nigerians with high-quality and

Headlines

Deregulation not a license to blend off-spec products, jeopardise national interest, Dangote tells Pinnacle Oil

DailyTimesNGR DailyTimesNGR 6 November 2024 0

Dangote Petroleum Refinery and Petrochemicals has advised Pinnacle Oil and Gas Limited that deregulation should not be used as a justification for the importation of off-spec petroleum products or the undermining of Nigeria’s national interests. The refinery made this statement in response to remarks by Robert Dickerman, CEO of Pinnacle Oil and Gas Limited, concerning […]

Headlines

We sell petrol at N960 per litre to ships, N990 per litre to trucks — Dangote Refinery

DailyTimesNGR DailyTimesNGR 4 November 2024 0

Dangote Refinery has disclosed that it sells petrol at N990 per litre to trucks and N960 per litre to ships. The disclosure follows the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) claim of importing the products at cheaper rates compared to that of Dangote. The […]

Headlines

Naira-for-Crude: Dangote highlights positive outcomes from initiative

Ihesiulo Grace 30 October 2024 0

In a recent high-level meeting, Aliko Dangote praised the progress made in advancing Nigeria’s crude oil sales and refining initiative, which allows for crude transactions in naira and enables local refiners to sell petroleum products to the Nigerian public. Dangote reflected on the insights shared by the chairman of the committee overseeing the Naira crude […]

Headlines

Dangote backs FG’s CNG drive, invests $280m in trucks, infrastructure

DailyTimesNGR DailyTimesNGR 28 October 2024 0

BY TEMITOPE ADEBAYO Dangote Cement Plc has made significant investments exceeding $280 million in compressed natural gas (CNG) technology and infrastructure in a demonstration of its support for President Bola Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives for all Nigerians. Tinubu, who nurses strong commitment to CNG deployment

Headlines

S/South commends Dangote, calls Tinubu to sustain support for local refineries

DailyTimesNGR DailyTimesNGR 18 September 2024 0

BY TUNDE OPALANA Leaders of the South South geopolitical zone congratulated and commended Alhaji Aliko Dangote, GCON on the successful completion of the Dangote Refinery and the rollout of Premium Motor Spirit (PMS) as well as the commencement of supply to the entire country starting from 15th October, 2024. The zone said that Alhaji Dangote’s […]

Headlines

Flood: Dangote donates N2bn, urges support to Borno

DailyTimesNGR DailyTimesNGR 14 September 2024 0

BY IDIBIA GABRIEL The Chief Executive Officer of Dangote Group, Alhaji Aliko Dangote, has announced the donation of N2 billion to assist those affected by the recent devastating flood in Maiduguri, Borno State capital. Dangote explained that while the Presidential Committee on Flood and Disaster, which he chairs, has committed 1 billion naira, the Dangote […]

News

Hardship: Host Communities Laud Dangote Group For Continuous CSR, Support To Uplift Families

DailyTimesNGR DailyTimesNGR 8 September 2024 0

Dangote Group of Companies has been commended for its unwavering commitment to corporate social responsibility and support to host communities, particularly during this period of economic hardship. Three community groups – Obajana Development and Peace Club, Benue Youth Alliance for Good Governance and Lekki Development Initiative – issued a joint press

News

Situation Room Commends Dangote Over Commencement of PMS Production

DailyTimesNGR DailyTimesNGR 3 September 2024 0

The Situation Room on Energy Sustainability, a coalition of civil society organizations, has commended the President of Dangote Group, Alhaji Aliko Dangote, on the resumption of Premium Motor Spirit (PMS) production in Nigeria for the first time in almost three decades. In a statement signed by Dr. Ikenna Nnaji, the group described the milestone achievement […]

News

Benue Youths Vow to Resist Plot to Frustrate Dangote Cement Out of State

DailyTimesNGR DailyTimesNGR 22 August 2024 0

The Benue Youth Alliance for Good Governance (BYAGG) has vowed to resist the alleged plot by the State government to frustrate Dangote Cement PLC out of the state. The group claims that Governor Hyacinth Alia’s administration plans to use multiple taxation and thugs to harass staff and frustrate the company’s operations. BYAGG president, John Yiye, […]

News

Dangote: The Monopoly We All Need

DailyTimesNGR DailyTimesNGR 17 August 2024 0

There seems to be a huge partition between Nigerian industrialist Alhaji Aliko Dangote and other Nigerian economy drivers. His visionary gait and purposefulness are fixated on recreating the essentials required to prop up the depleting economic fortune of Nigeria amidst contending voices. Since 1977, when he ventured into business, trading in agricultural commodities and

Commerce and Industry

Dangote Refinery’s Libya, Angola crude import to support growth plan

DailyTimesNGR DailyTimesNGR 25 July 2024 0

BY TEMITOPE ADEBAYO Dangote refinery is repositioning to raise production to 550,000 barrels per day (bpd) this year, equivalent to 85 per cent of capacity. The refinery is already looking towards importing crude from Libya because it needs to increase crude imports due to insufficient domestic supplies. Chief Executive of Dangote Group, Aliko Dangote said, […]

Headlines

Dangote refinery, fertiliser coy to be listed in Q1 2025

DailyTimesNGR DailyTimesNGR 15 July 2024 0

The President/Chief Executive, Dangote Industries Ltd., Alhaji Aliko Dangote, said that the Dangote Petroleum Refinery and the Fertiliser plant would be listed in the capital market by the first quarter of 2025. Dangote made this known on Sunday in Lagos at a media parley and guided tour of the refinery and fertiliser plant by media […]

Business

Dangote Refinery can resolve Nigeria’s forex issues, says S&P Global

DailyTimesNGR DailyTimesNGR 9 July 2024 0

…As Dangote confirms July start for petrol production BY MOTOLANI OSENI International financial analytics corporation S&P Global has highlighted the potential of the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company to address Nigeria’s foreign exchange (forex) challenges and stimulate significant economic development. This

Headlines

Dangote at MAN Summit: No growth will happen with 30% interest rate

DailyTimesNGR DailyTimesNGR 3 July 2024 0

Chairman and Chief Executive Officer of Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). At the opening session of a three-day summit Organised by the Manufacturers Association of Nigeria (MAN) at the Banquet Hall of the State House, Abuja, […]

News

Dangote Sugar strengthens working capital with N42.79bn CP issuance

Ihesiulo Grace 18 June 2024 0

BY MOTOLANI OSENI Dangote Sugar Refinery Plc has issued N42.79 billion Series 4 and 5 Commercial Paper notes to improve its working capital. The Company made this known in a statement signed by its Company Secretary/Legal Adviser, Mrs. Temitope Hassan. The statement said “the Notes, which were issued under the Company’s N150 billion Commercial Paper […]

Headlines

Dangote: We have plans to end PMS importation in June

DailyTimesNGR DailyTimesNGR 19 May 2024 0

The Chairman of the Dangote Group, Aliko Dangote, has said that with the plan the Dangote Refinery has in place, Nigeria will not need to import premium motor spirit (PMS) by next month. Dangote said that the refinery, which has already started supplying diesel and aviation fuel in Nigeria, has the capacity to meet the […]

News

Insecurity: How Dangote Cement workers were kidnapped in Edo

DailyTimesNGR DailyTimesNGR 15 May 2024 0

By Titus Akhigbe No fewer than 15 workers of the Dangote Cement Company were reportedly kidnapped on Monday evening at Okpella in Edo State when they were returning from work. An eye witness account said the abducted workers were inside the staff bus when they were ambushed on their way home.His words:”the workers were returning […]

Business

Shell to develop gas field for Dangote fertiliser

DailyTimesNGR DailyTimesNGR 7 February 2024 0

Africa’s richest man, Aliko Dangote has signed an investment decision with Shell Plc to build a gas supply facility in Nigeria to feed the Dangote Fertiliser and Petrochemical plant. The $2.5 billion plant, Africa’s largest urea complex with a 3-million-tonne output per year, accounts for 65% of Nigeria’s fertiliser needs and can supply all the […]