Monday, June 16, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE

BREAKING: Aliko Dangote formally confirms petrol rollout

The production start had been delayed multiple times between May and August

W.N YEMI by W.N YEMI
September 3, 2024
in BREAKING, Business
Reading Time: 1 min read
0 0
A A
0
Dangote refinery
Share on FacebookShare on Twitter
  • The 650,000 bpd capacity facility began operations in January, producing diesel and aviation fuel.
  • Dangote said that the petrol from the plant can rival international products in terms of quality.

Aliko Dangote, the head of Dangote Group, has formally announced the start of fuel production at his facility.

In a media briefing, Dangote characterized this achievement as a significant turning point for Nigeria, ending a prolonged reliance on foreign fuel imports.

“This refinery will fuel growth, development, and prosperity by supplying energy to our people,” said Aliko Dangote, President of the Dangote Group, during a press briefing on Wednesday.

Dangote expressed appreciation to President Bola Tinubu’s administration for creating a supportive environment that enabled the project’s success.

READ ALSO

Diesel vs. Petrol: Winners and losers in Nigeria’s two-tier fuel struggle

DATA WARS: Why NIN-SIM linkage has become a tool for control, not reform

BROKEN SYSTEM: How Nigeria’s power grid failures are deepening the cost of living crisis

CBN Crackdown: How the Nigerian Govt took over Keystone, Polaris, and Heritage Banks in sweeping reforms

“I salute the people of Nigeria and President Bola Tinubu’s government for creating the conditions that allowed us to achieve this monumental task. This refinery will drive growth, development, and prosperity by providing energy to our people,” Dangote stated

He also commended Tinubu for the “Naira for crude, Naira for product” initiative, which he believes will stabilize the Naira by reducing dollar demand by 40%.

The 650,000 bpd capacity facility began operations in January, producing diesel and aviation fuel.

Dangote said that the petrol from the plant can rival international products in terms of quality.

On August 22, Dangote Petroleum Refinery announced it was conducting test runs for petrol production, with full operations expected to commence by mid-September.

The production start had been delayed multiple times between May and August.

On Sunday, the Nigerian National Petroleum Company (NNPC) Limited acknowledged its debt to petrol suppliers, impacting its ability to maintain a steady fuel supply, resulting in persistent queues and a 45% price increase since July.

POPULAR TODAY

    • All
    • National
    • Local News
    • Politics
    • World News
    • Sports
    • XTRA

    Tracking the Israel–Iran War: A detailed day-by-day timeline of key events and escalating players

    June 14, 2025

    Bleeding Benue: One carnage too many

    June 15, 2025

    Nigeria’s democracy and Attahiru Jega’s testament

    June 14, 2025

    Caught in the crossfire: Global Celebrities trapped in the Iran–Israel War

    June 15, 2025

    Discussion about this post

    ADVERTISEMENT

    LATEST

    Caught in the crossfire: Global Celebrities trapped in the Iran–Israel War

    June 15, 2025

    Bleeding Benue: One carnage too many

    June 15, 2025

    Nigeria’s democracy and Attahiru Jega’s testament

    June 14, 2025

    What Students now pay: A breakdown of Nigerian Federal and State universities’ tuition hikes as of 2025

    June 14, 2025

    Food security and spirituality: When absurdity becomes a state’s policy

    June 14, 2025

    Tracking the Israel–Iran War: A detailed day-by-day timeline of key events and escalating players

    June 14, 2025
    Load More
    NEWS PICKS — WITHIN NIGERIA

    WITHIN NIGERIA MEDIA LTD.

    NEWS, MULTI MEDIA

    WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

    Follow us on social media:

    CORPORATE LINKS

    • About
    • Contacts
    • Report a story
    • Advertisement
    • Content Policy
    • Privacy Policy
    • Terms
     
    • Fact-Checking Policy
    • Ethics Policy
    • Corrections Policy
    • REPORT A STORY
    • PRIVACY
    • CONTACT US

    © 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • HOME
    • FEATURES
    • NEWS PICKS
      • BREAKING
      • National
      • Local News
      • Politics
      • Diaspora
      • Business
      • Education
      • Sports
      • World News
        • Africa
        • U.S
        • Asia
        • Europe
      • XTRA
    • ENTERTAINMENT
    • MORE
      • GIST
      • ARTICLES
      • VIDEOS

    © 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName