Dangote Oil Refinery has thrown its weight behind the Nigerian Content Development and Monitoring Board (NCDMB) to promote the critical issue of Research and Development (R&D) in the oil and gas sector of the country. To display its readiness for this promotion, Dangote Petroleum Refinery was a Platinum sponsor of the 2nd Edition of Edition…
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote has disclosed plans to increase the human capacity at the Dangote Refinery Project site from 40,000 to 57,000 personnel in the coming months. According to him, the project currently employs 29,000 Nigerians and 11,000 foreigners at the 650,000 barrels-per-day world’s largest single refinery project located in Ibeju…
Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country. With a turnover of $1.2 billion, the 900,000 metric tonnes per annum capacity Dangote Petrochemical plant, situated alongside the Dangote Refinery, has been strategically positioned to cater to the demands of…
Road Transport owners across Nigeria have expressed optimism that the 650,000 barrels-per-day Dangote Petroleum Refinery would deepen the downstream sector and positively impact their businesses. The transporters, under the aegis of Nigerian Association of Road Transport Owners (NARTO) after a guided tour of the refinery Plant in Ibeju-Lekki area of Lagos, said they had no…
Contrary to reports that the Assets Management Corporation of Nigeria (AMCON) could take over the Dangote Refinery over debts owed by the Dangote Group to banks, the corporation have denied such claims, saying it have no business with the group. Some online news platforms had on Tuesday reported that Africa’s richest man, Aliko Dangote, could…
By Adewole Kehinde The debate over the appropriateness or otherwise of the Federal Executive Council (FEC) decision to approve the award of contracts for the rehabilitation of Warri and Kaduna refineries to Messrs Saipem SPA and Saipem Contracting Limited at the combined the sum of $1.484billion has again dominated the media space in recent times.…
Some economists and oil and gas expert have backed the Federal Executive Council’s (FEC) approval of the acquisition of 20 per cent minority stakes by the Nigerian National Petroleum Corporation (NNPC) in the Dangote Petroleum and Petrochemical Refinery. They made their views known in separate interviews with the News Agency of Nigeria (NAN) on Thursday…
As efforts are being intensified for the imminent completion of the multi-billion dollars 650,000bpd Dangote Refinery in Lagos, the project has been described as an inspiration to private sector operators in the country. Excited at the share humongous size of the refinery, Mr. Wale Tinubu, Chief Executive Officer of Oando Plc, leading oil and gas…
Lagos State governor, Babajide Sanwo-Olu, has commended the Dangote Group for situating the biggest investment in the country in Lagos State, and for the positive development which the Dangote Oil Refinery and Dangote Fertiliser Complex would bring to Lagos and the Nigerian economy. President of the Dangote Group, Aliko Dangote, on his part thanked the…
The Ogun State Governor, Prince Dapo Abiodun on Saturday assured the people of the State that the 14.7km Ijebu Ode-Epe Expressway would be ready for their use by Christmas. Prince Dapo Abiodun, who made this known while on an on-the-spot assessment tour of the road, got assurance from the contractors that about eight to nine…