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DANGOTE REFINERY
Africa’s richest man, Aliko Dangote, has dismissed claims that his dominance in cement and petroleum amounts to a monopoly, insisting that the Nigerian economy needs more players with the scale and resources to compete.
Nigeria’s Dangote refinery has exported its first shipment of petrol (gasoline) to the United States, marking a major milestone for the 650,000-barrel-per-day facility.
Aliko Dangote, President and Chief Executive of Dangote Group, has disclosed that the conglomerate acquired a total of 10,000 trucks, comprising 4,000 CNG fuel tankers and 6,000 dry cargo trucks for transporting coal and other solid commodities across its operations.
The Dangote Group has accused powerful oil import cartels of manipulating labour unions and industry associations to frustrate the operations of its refinery, warning that their actions threaten Nigeria’s quest for economic independence.
The ongoing dispute between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote Petroleum Refinery has drawn diverse legal opinions from lawyers across Nigeria regarding the legality and limits of company workers joining a union.
The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its two-day strike following a meeting with the Dangote Group on Tuesday.
The National Union of Petroleum and Natural Gas Workers (NUPENG) has vowed to press ahead with its nationwide strike following the breakdown of a conciliation meeting convened by the Minister of Labour and Employment, Muhammad Dingyadi, to resolve the dispute between the union and the Dangote refinery.
Nigerians on social media have rallied behind the Dangote Petroleum Refinery in the wake of opposition from the...
Filling station owners under the auspices of the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) have...
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Western Zone, has announced it would shut down all operations from Monday, September 8, citing the alleged threat of monopoly by Dangote Refinery and MRS Energy Ltd in the downstream petroleum sector.
The Federal Competition and Consumer Protection Commission (FCCPC) has abandoned and withdrawn its appeal at the Court of Appeal in Abuja after insisting on challenging Dangote Petroleum Refinery and Petrochemicals FZE’s N100 billion import license case.
The Nigeria Labour Congress (NLC) has urged the Federal Government to prioritise selling crude oil to the Dangote Refinery in Naira, saying the move would help reduce fuel prices and strengthen local refining capacity.