New Leadership Appointments Signal Transformation at NNPC
In a strategic move aimed at bolstering Nigeria’s energy landscape, the Nigerian National Petroleum Company Limited (NNPC) has announced several high-profile appointments, enhancing both upstream and downstream operations. In a statement released on Wednesday night by Chief Corporate Communications Officer, Olufemi Soneye, the Board of Directors highlighted these changes as crucial steps toward reinforcing operational […]
The Case for Reducing Petrol Prices: Why Dangote Refinery Needs to Reflect Lower Production Costs
In a move to address the economic strain faced by Nigerians, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns about the pricing of petrol produced by Dangote Refinery. According to PETROAN’s spokesperson, Joseph Obele, the refinery’s current petrol pricing model is problematic, given the reduction in production costs to below […]
IPMAN Secures Landmark Deal with Dangote Refinery for Direct Fuel Loading
By Olaitan Olutimehin Date: Tuesday, November 12, 2024 In a significant development for Nigeria’s petroleum industry, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with Dangote Refinery for the direct supply of fuel, bypassing the Nigerian National Petroleum Company Limited (NNPCL) as an intermediary. This move, announced by IPMAN National President, […]