insert_link Africa Nigeria’s Dangote Oil Refinery Holds 500 Million Litres of Petrol Nigeria's Dangote oil refinery possesses a reserve of 500 million litres of petrol, according to its billionaire founder, refuting assertions from marketers that they require additional imports to address fuel shortages. CNBCAfrica indicates that, in response to the situation, Nigeria's President, Bola Tinubu, convened a meeting on Tuesday in Abuja with oil regulators, the head of the state-owned NNPC, the finance minister, and Aliko Dangote. todayOctober 31, 2024 8
insert_link Africa Dangote’s bid buy crude in Nigerian currency approved Nigeria's government has approved the sale of crude oil to the Dangote refinery in the local currency, the Naira. The government asked the state-owned oil company, Nigerian National Petroleum Company Limited to sell the crude to Dangote and other refineries with immediate effect. The decision puts an end to the dispute between Dangote refinery and oil regulators over crude supply. Reuters reports that the $20 billion Dangote refinery, Nigeria's […] todayJuly 30, 2024 22