Economy And Business

BREAKING: Dangote Refinery Rolls Out Petrol Amid Scarcity In Nigeria

Dangote Refinery on Tuesday, rolled out its first set of Premium Motor Spirit (PMS), also known as petrol, from its 650,000 bpd facility.

Advertisement
Advertisement

Dangote Refinery has rolled out petrol amid scarcity in Nigeria.

 

NewsOnline Nigeria reports that Dangote Refinery on Tuesday, rolled out its first set of Premium Motor Spirit (PMS), also known as petrol, from its 650,000 bpd facility.

 

ALSO: FG Speaks On Ordering NNPC To Raise Fuel Price Above N1k Per Litre

 

The $20bn refinery, built by billionaire businessman Aliko Dangote, began operations in January. It initially produced diesel and aviation fuel.

 

Recall that the Independent Petroleum Marketers Association (IPMAN) has lamented the current Petrol scarcity experienced across the country.

 

The Publicity Secretary of IPMAN, Ukadike Chinedu, said the private marketers, like citizens, are suffering as a result of the current petrol scarcity.

 

Ukadike said IPMAN was worried that despite the good conditions of the Port Harcourt and Warri refineries, the Nigeria National Petroleum Company Limited (NNPCL) is yet to start refining crude oil to address the re-occurring fuel scarcity.

 

More to follow…

Advertisement
Adebimpe Ogunṣuyi

Recent Posts

  • Headline

BREAKING: Senate Passes 2024 Nigerian Insurance Industry Reform Bill

Senate has passed the 2024 Nigerian Insurance Industry Reform Bill.   NewsOnline Nigeria reports that…

1 day ago
  • Education

BREAKING: President Tinubu Gives Fresh Appointment To World Bank Specialist, Aisha Garba

President Tinubu has given a fresh appointment to World Bank Specialist, Aisha Garba.   NewsOnline…

1 day ago
  • Crime Watch

Bello Turji Threatens Major Retaliation Over Arrest Of Wurgi

Bello Turji has threatened a major retaliation over the arrest of Wurgi.   NewsOnline Nigeria…

1 day ago
  • Headline

BREAKING: NLC Issues 72-Hour Ultimatum Over Unpaid Salaries

NLC has issued a 72-hour ultimatum to the government over unpaid salaries.   NewsOnline Nigeria…

1 day ago
  • Headline

BREAKING: Two Top Northerners Fight Dirty Over CCT Chairmanship

Two top Northerners fight dirty over CCT Chairmanship.   NewsOnline Nigeria reports that there is…

1 day ago
  • Exchange Rates

Black Market Dollar To Naira Exchange Rate17th December 2024

Black Market Dollar to Naira Exchange Rate 17th December 2024 can be accessed below.  …

1 day ago