VOICE AIR MEDIA News Update
As the Dangote Refinery begins operations tomorrow (Monday), oil marketers have expressed optimism that the facility will help reduce the cost of petrol, if the government deregulates the commodity.
VAM reported earlier that the Dangote Refinery, established by Africa’s richest man, Aliko Dangote, is scheduled to be inaugurated on May 22.
A presidential aide, Bashir Ahmad, had tweeted that the inauguration would be done by the President, Major General Muhammadu Buhari (retd.).
“Efforts by the Federal Government to make Nigeria self-sufficient in local refining of crude oil to save the scarce foreign exchange used in the importation of petroleum products have received a boost as the 650,000 barrels per day Dangote Refinery, the world’s largest single-train refinery, is set for inauguration on May 22nd, 2023, by President Muhammadu Buhari,” Ahmad announced
Speaking on the expected impact of the facility during an interview with our correspondent on Saturday, the National President, Independent Petroleum Marketers Association of Nigeria, Chinedu Okonkwo, said the refinery would not only create jobs, but would reduce the cost of deregulated petrol.
OSUN: The Governorship Candidate of the All Progressives Congress, APC, in the forthcoming gubernatorial election…
Femi Gbajabiamila, chief of staff to President Bola Tinubu, has sued Adeniyi Adeyemi, director-general of…
THE Federal Government has set up a new Ministerial Advisory Committee (MAC) made up of…
THE Nigerian political landscape is currently abuzz with celebrations following the conferment of the prestigious…
The organiser of the Big Brother Naija, has announced date for the 2026 edition of…
Nigeria’s three tiers of government, comprising the federal government, states and local government councils, shared…