Dangote

2 Minutes

Local News

Dangote Crashes Petrol Prices Again

VAM News March 14, 2025

News Update THE price competition within the downstream oil sector persisted on Thursday as the Dangote Refinery discreetly implemented a price reduction at its loading gantry, lowering the cost of petrol loading from N825...

3 Minutes

National

Fuel price hike looms as NNPC hits Dangote

VAM News March 10, 2025

News Update Petrol imports jump 105% to N15tn – NBS report Nigeria’s petrol imports surged in 2024, doubling despite an increase in domestic refining capacity, highlighting the country’s continued reliance on imported fuel, according...

1 Minute

Business National

Dangote Reduces Fuel Price Again (New Amount Emerges)

VAM News February 12, 2025

News Update Dangote Petroleum Refinery has reduced the price of diesel to N1,020 per litre, down from N1,075. This marks the latest in a series of price cuts since it started diesel production in...

3 Minutes

Featured

Obasanjo: How Dangote’s $750m offer to manage Nigeria’s refineries was rejected

Akanji Philip January 2, 2025 0 Comment

Former President Olusegun Obasanjo has revealed new details about Nigeria’s refinery woes, recounting failed efforts to privatise the country’s refineries and the subsequent financial losses under government management. In an exclusive interview with...

1 Minute

National

Like Dangote, NNPCL Reduces Petrol Price

VAM News December 21, 2024 0 Comment

News Update THE Nigerian National Petroleum Company Limited (NNPCL) has reduced its ex-depot prices of Premium Motor Spirit, petrol to N899 from N1020 per litre for oil marketers. Petroleum Products Retail Outlets Owners Association...

2 Minutes

Business National

Jubilation as Dangote Refinery Reduces Fuel Price (New Amount)

VAM News December 19, 2024 0 Comment

News Update Dangote Petroleum Refinery has announced a reduction in prices of Premium Motor Spirit (PMS), also known as petrol, to N899.50 per litre, saying the move was to offer relief to Nigerians during...

1 Minute

Business National

Confusion As Dangote speaks on selling petrol at high price

VAM News November 2, 2024 0 Comment

News Update Dangote Refinery on Saturday tagged as fake the allegation that it sells petrol between N1, 015 and N1, 028/litre. Some oil marketers had reportedly on Friday said the price of petrol, produced...

3 Minutes

National

Controversy as Dangote Refinery snubs oil marketers on direct petrol lifting

VAM News October 8, 2024 0 Comment

News Update THE Dangote 650,000 barrels per day Lagos-based refinery has ignored oil marketers’ call on direct lifting of its Premium Motor Spirit (petrol). The President of the Independent Petroleum Marketers Association of Nigeria,...

1 Minute

Business

Breaking: Fuel price to increase again as NNPC set to quit…

VAM News October 7, 2024 0 Comment

…as middleman in Dangote Refinery petrol purchase This means NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery. With NNPC no longer covering the differential...

2 Minutes

National

Petrol price set for N1,800 following Dangote push for full subsidy removal

VAM News September 24, 2024 0 Comment

Voice Air Media, News Update Nigerians may soon face an increase in petrol prices, with projections indicating a potential hike to N1,800 per litre. This development follows the call by Alhaji Aliko Dangote for...