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#petroleum sector

The Industrialist Who Bent a Nation: The Aliko Dangote Story
Article

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.

95News1/10/2026
PETROAN Urges NNPC to Reopen Refineries Before December to Offset 15% Fuel Tariff
Article

PETROAN Urges NNPC to Reopen Refineries Before December to Offset 15% Fuel Tariff

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Nigerian National Petroleum Company Limited (NNPC) to urgently reopen Nigeria’s refineries before December. This follows the announcement of a proposed 15% fuel tariff, which PETROAN warns could worsen fuel affordability and deepen economic hardship. The association stressed that domestic refining is the only sustainable way to shield Nigerians from global price volatility. PETROAN also urged the government to ensure transparency and accountability in refinery rehabilitation efforts.

95News11/1/2025