November 15, 2024
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The Petrol Price Gap: Why Nigerians are Paying More Despite Falling Costs

By The Insight Team 26 0
By Emmanuel Kwada Recent reports indicate a significant decline in the landing costs of Premium Motor Spirit (PMS), commonly known as petrol, amidst rising accusations from the Nigeria Labour Congress (NLC) regarding price inflation by marketers. As of November 8, 2024, the estimated cost of petrol landing in Nigeria has dropped by 20.34%, falling to […]Continue Reading
Business Top Story

Dangote Refinery: A Timely Win for Industrialisation  

By The Insight Team 69 0
By Abiodun Alade Nigeria, rich in resources and with a burgeoning young population, remains paradoxically stagnant due to its over-reliance on imports. This dependency, rather than being a temporary measure, has entrenched itself as a systemic barrier to long-term prosperity. With a population exceeding 200 million and a predominantly young demographic, Nigeria has become Continue Reading
Business Top Story

Nigeria’s Largest Refinery Starts Production, Meets International Standards

By The Insight Team 59 0
Key points: Dangote appreciates the Government’s “Naira for crude” and “Naira for product” initiatives, which enabled the project. The Dangote Refinery produces high-quality gasoline that meets international standards, reducing engine problems. The Refinery meets Nigeria’s gasoline demand and supplies sub-Saharan Africa. The Dangote Continue Reading
Business

Lagos Govt Orders Additional 100 Trucks from Dangote’s Trucks Assembly Plant as Akpabio Commissions new CKD Plant

By The Insight Team 129 0
…Gov, Senators hail Dangote on impactful facility By Emmanuel Kwada Leadership of the Senate at the weekend unveiled the multi-million dollar world-class Dangote Sinotruk West Africa Ltd CKD Plant established by the business mogul, Aliko Dangote with a call on other eminent Nigerians to emulate him in using their wealth to benefit the nation. This […]Continue Reading
Dangote
Business Opinions Top Story

Aliko Dangote’s Noble Quest for Africa’s Self-Sufficiency and Prosperity

By The Insight Team 168 0
Key Points: Local manufacturing, key to Africa’s growth Africa now exports raw materials but import poverty Dangote invested $25bn in Africa in 7 years Plans to supply refined products to West, Central and South Africa By Abiodun Alade Africa is a resource-rich continent but relatively poor in terms of the manufacturing of goods. According to […]Continue Reading
Dangote
News

Dangote thanks Tinubu, Nigerians over his Refinery’s start of production

By The Insight Team 160 0
By Emmanuel Kwada Following the successful commencement of production of refined petroleum products by the Dangote Petroleum Refinery, President of Dangote Group, Aliko Dangote has expressed appreciation to President Bola Ahmed Tinubu for his vision and support, which encouraged him to embark on the refinery project years ago. Speaking with stakeholders in the oil and […]Continue Reading
Fuel
Business Interviews Top Story

Dangote fuel may not be available in July, as Nigerians lament ‘unbearable suffering’

By The Insight Team 192
Key Points: Nigerians trek to and from work for long distances Dangote refinery may not produce fuel by end of July NNPCL tongue-in-cheek about repairs of refineries NLC accuse Tinubu government of deliberately impoverishing the masses ‘N8,000 palliative for 12 million households, an insult’ By Daniel Adaji The recent increase of fuel price from N540 […]Continue Reading
Dangote refinery
Business

Buhari, five African Presidents to commission Dangote Petroleum Refinery

By The Insight Team 287 0
In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos; alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad. Promoted by Africa’s richest man, Aliko Continue Reading
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