Business
Dangote Refinery Secures License To Refine Over 300,000 Barrels Of Crude Daily
Speaking on the commencement of operations of the refinery, Dangote said the refiner will start…
Aliko Dangote says the Dangote refinery has secured a license to refine more than 300,000 barrels of Nigerian crude per day and will begin to process petrol “soon”.
VerseNews reports that Dangote said this in an interview on Saturday in Riyadh on the sidelines of the Saudi-Nigeria business roundtable.
“We don’t want to start our refinery with foreign goods, we want to start with the Nigerian crude,” the billionaire told Bloomberg.
“We’re more than ready and you will see our gasoline products soon.”
Speaking on the commencement of operations of the refinery, Dangote said the refiner will start producing “very very soon”.
He said the refinery’s first priority is to supply petrol to Nigeria before exporting to elsewhere, including the West African region.
Dangote said the 650,000 barrel-a-day facility — which is expected to produce 27 million litres of diesel, 11 million litres of kerosene and 9 million litres of jet fuel — will receive crude from other producers in Nigeria, as well as the country’s state oil company.
‘I Am IPOB’S Voice’ — Emma Powerful Blasts ‘Fake Coup’, Declares Authority Untouched
The Indigenous People of Biafra (IPOB) has dismissed reports suggesting a change in its spokesperson, as Comrade Emma Powerful...
[JUST IN]: IPOB Issues Fresh Directive To Members Worldwide, Sets 3 Key Conditions For Biafra Restoration
The Indigenous People of Biafra (IPOB) has issued a strong directive to its members across the globe, urging strict focus...
IPOB Alleges Global Conspiracy, Demands Immediate Release of Nnamdi Kanu
The Indigenous People of Biafra (IPOB) has issued a strong statement accusing the Nigerian government and international actors of complicity...
Ejimakor Tops Legal Team in Nnamdi Kanu Case with Multiple Court, International Victories — Report
A new legal briefing has identified Barrister Aloy Ejimakor as the leading counsel in Nnamdi Kanu’s defence, citing multiple court...
BREAKING: FG Declares Easter Public Holidays
The Federal Government has announced public holidays to mark Good Friday and Easter Monday celebrations nationwide.
IPOB Praises US Lawmakers, Calls for Referendum as Nigeria Faces ‘Impending Crisis’
The Indigenous People of Biafra says recent remarks by US figures have exposed growing concerns about Nigeria’s security situation.
Aproko Doctor Warns Against ‘Live Snail’ Skincare Trend, Cites Infection Risks (Video)
Health influencer Aproko Doctor has cautioned Nigerians against using live snails on their faces, warning of serious health risks including...
ICPC Fixes Date to Arraign El-Rufai Over Alleged Corruption, Money Laundering
The ICPC has announced plans to arraign former Kaduna Governor Nasir El-Rufai in court over multiple corruption-related charges following weeks...
Apply Now: FG Opens Fully Funded Overseas Scholarship for Nigerians (2026/2027)
The Federal Government, through the NDDC, has launched applications for its fully funded foreign postgraduate scholarship, targeting young Nigerians from...
OnlyFans Owner Leo Radvinsky Dies at 43, Cause of Death Emerges
Billionaire tech entrepreneur Leo Radvinsky, owner of OnlyFans, has died at 43, leaving behind a multibillion-dollar digital empire built on...
You must be logged in to post a comment Login