Topic Archive

#Dangote Refinery

The Industrialist Who Bent a Nation: The Aliko Dangote Story

Long before Aliko Dangote became the richest man in Africa — long before the cement plants, the sugar mills, and the $19‑billion refinery that towers over Lagos like a city of steel — he was a boy in Kano selling sweets for pocket money. What he didn’t know then was that this small act of trading would foreshadow a life spent bending Nigeria’s economy to his will, building industries where none existed, and stepping into political storms powerful enough to shake the nation he helped build.

95News•1/10/2026

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Fuel Price War: NNPCL Chief Assures Nigerians of Benefits

The Nigerian National Petroleum Company Limited (NNPCL) chief, Bayo Ojulari, says the ongoing fuel price war triggered by domestic refining competition will ultimately benefit Nigerians through lower pump prices

95News•12/28/2025

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NNPC Imports 828m Litres of Petrol to Avert Nationwide Shortage

The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed that 828 million litres of petrol were recently imported to avert a looming nationwide shortage, ensuring stable supply across depots and retail outlets.

95News•12/1/2025

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Dangote Refinery to Deliver 50m Litres of Petrol Daily From December

The Dangote Petroleum Refinery has pledged to supply 50 million litres of petrol daily starting December 2025, a move expected to significantly ease Nigeria’s fuel scarcity and reduce reliance on imports.

95News•11/30/2025

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Dangote Refinery Denies Viral Claims of Fuel Distribution via Motorbikes

Africa’s largest refinery, the Dangote Petroleum Refinery, has dismissed viral social media claims that it is distributing petrol using motorcycles, clarifying that it only supplies fuel to bulk buyers and has no association with bike-delivery schemes.

95News•11/17/2025

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NNPC’s Stake in Dangote Refinery Drops from 20% to 7.2%

NNPC’s planned 20% stake in the Dangote Refinery was scaled down to 7.2% due to unpaid balances, despite an initial $2.76 billion agreement and a $1 billion government-backed loan.

95News•11/5/2025

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Fuel Price Anxiety Grows as Depot Rate Climbs to ₦889/Litre

Nigerians are growing increasingly anxious as the ex-depot price of petrol hits ₦889 per litre, signaling a potential surge in pump prices and deepening economic strain.

95News•11/1/2025

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Petrol Price Soars Above ₦1,000/Litre as Tinubu Approves 15% Import Tariff

Nigeria’s petrol prices have climbed above ₦1,000 per litre following President Tinubu’s approval of a 15% import tariff on fuel, sparking economic anxiety and renewed debate over market liberalisation and fiscal policy.

95News•10/31/2025

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Tinubu approves 15% import duty on petrol and diesel

President Tinubu has approved a 15 % import duty on petrol and diesel imports, raising projected costs per litre and signalling a strategic shift to protect domestic refining and downstream stability — but likely passing higher costs to consumers.

95News•10/30/2025

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Nigerian National Petroleum Company Ltd. (NNPC) May Increase Stake in Dangote Petroleum Refinery Ltd. — Aliko Dangote

I want to demonstrate what this refinery can do, then we can sit down and talk,” — Aliko Dangote on NNPC’s future stake in his refinery.

95News•10/25/2025

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Dangote Eyes Listing: Plans to Sell Up to 10% Stake in Refinery on NGX

Aliko Dangote has revealed that Dangote Petroleum Refinery intends to offload 5–10 per cent of its shareholding on the Nigerian Exchange PLC within the next year as part of an ambitious expansion plan to eventually reach a throughput of 1.4 million barrels per day.

95News•10/23/2025

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Editorial: Nigeria’s Bid for a Higher OPEC Quota — Between Ambition and Reality

Nigeria’s push for a higher OPEC quota reflects both newfound optimism and familiar ambition — but until output stability and governance match rhetoric, its case remains a delicate dance between potential and proof.

95News•10/22/2025