Tag: DangoteRefinery
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NNPC Halts Petroleum Imports as Dangote Refinery Takes Centre Stage
In a major change for the petroleum industry in Nigeria, the Nigerian National Petroleum Company Limited (NNPC) has announced the cessation of petroleum products importation, marking the end of decades-long dependence on foreign refined products. This strategic move, coupled with a new partnership with the Dangote Petroleum Refinery, is projected to conserve $10 billion in…
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Oil Marketers Launch Legal Battle Against Dangote’s Bid for Market Control
A high-stakes legal confrontation has erupted in Nigeria’s petroleum sector as three major oil marketers – AYM Shafa, A.A. Rano, and Matrix Petroleum – mount a strong legal challenge against Dangote Petroleum Refinery’s attempt to restrict fuel imports. The case, filed at the Federal High Court in Abuja, represents a turning point for Nigeria’s energy…
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Fuel Price Controversy Deepens as NNPC Defends Import Quality Amid Market Tensions
The ongoing debate over Nigeria’s fuel pricing mechanism intensified Tuesday as the Nigerian National Petroleum Company (NNPC) Limited defended its import quality standards amid protests at its Abuja headquarters. The controversy highlights the growing tensions in Nigeria’s downstream petroleum sector since the removal of fuel subsidies. NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, strongly rebutted…