KEY POINTS Nigeria’s midstream and downstream petroleum regulator has been thrown into sudden transition after Farouk Ahmed resigned as chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, …
Aliko Dangote
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KEY POINTS Africa’s richest man, Aliko Dangote, has formally petitioned Nigeria’s Independent Corrupt Practices and Other Related Offences Commission, accusing the head of the Nigerian Midstream and Downstream Petroleum Regulatory …
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In the NewsOil & Gas
SERAP Urges Anti-Graft Agencies to Probe NMDPRA Leadership After Dangote Allegations
KEY POINTS The Socio-Economic Rights and Accountability Project has called on Nigeria’s leading anti-corruption bodies to urgently investigate allegations of wrongdoing within the Nigerian Midstream and Downstream Petroleum Regulatory Authority, …
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In the NewsOil & Gas
Dangote Says Port Harcourt Refinery Suffered Over 100 Sabotage Attacks During Repairs
KEY POINTS Dangote has alleged that Nigeria’s troubled refining and pipeline infrastructure has been deliberately sabotaged over the years, citing claims that the Port Harcourt Refinery was attacked more than …
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KEY POINTS Nigeria’s petroleum marketers are considering stepping back from fuel importation after the Dangote Petroleum Refinery took another slice off its ex-depot price, shifting the balance of competition in …
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In the NewsOil & Gas
NNPC Seeks Bigger Stake in Dangote’s $20 Billion Refinery as Nigeria Pushes for Energy Independence
KEY POINTS Nigeria’s state-owned oil company is setting its sights on greater control over the country’s refining future. The Nigerian National Petroleum Company, NNPC, Limited has announced plans to raise …
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In the NewsOil & Gas
Dangote Group Says 15% Fuel Tariff Will Keep Prices Stable and Protect Nigeria’s Industry
KEY POINTS The Dangote Group has moved to allay public concerns over Nigeria’s new fuel import tariff, saying the policy will not raise pump prices but will instead protect the …
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In the NewsOil & Gas
Dangote Dismisses Calls to Buy NNPC Refineries, Urges Private Investors to Take the Lead
KEY POINTS Aliko Dangote has ruled out acquiring any of Nigeria’s ailing state-owned refineries, saying he would rather expand his privately-owned Dangote Refinery than be accused of monopolising the nation’s …
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KEY POINTS President Bola Tinubu has reaffirmed his administration’s unwavering support for the Dangote Refinery’s audacious plan to expand its capacity from 650,000 barrels per day to 1.4 million barrels …
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Energy TransitionIn the News
Dangote Refinery to Double Output as Africa’s Energy Giant Targets 1.4 Million Barrels a Day
KEY POINTS Africa’s biggest refinery, the Dangote Petroleum Refinery, is embarking on an ambitious expansion plan that will more than double its current output. The Lagos-based plant, which only began …