Tag: dangote

In a blistering escalation of Nigeria’s downstream petroleum crisis, the Dangote Petroleum Refinery has thrown down the gauntlet to the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), accusing the group of demanding an eye-watering N1.505 trillion annual “subsidy” to subsidize their logistics costs and match the refinery’s competitive gantry prices. The refinery, Africa’s […]

The Dangote Refinery has achieved a historic milestone by exporting its first gasoline shipment to the United States, signaling Nigeria’s emergence as a global player in refined petroleum products. The cargo, estimated at 300,000 barrels, was transported aboard the vessel Gemini Pearl and is expected to arrive on the U.S. East Coast. Industry sources suggest […]