Business

New Report on Dangote Refinery’s Diesel Quality Expected On Monday

Published

2 years ago

July 22, 2024

Photo source: Google

The Nigerian Government has announced that a new report regarding the sulfur content in diesel produced by the Dangote Refinery will be released on Monday.

This update comes after a recent dispute between the refinery’s owner, Aliko Dangote, and Farouk Ahmed, the Chief Executive Officer of the Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

George Ene-Ita, a spokesperson for NMDPRA, stated that the regulatory body has a team of approximately 15 engineers and scientists working directly within the Dangote Refinery.

He emphasized that the upcoming report will provide a comprehensive analysis of the diesel’s sulfur content. Ene-Ita also highlighted that NMDPRA has fulfilled its regulatory duties and is not interested in engaging in public disputes with the refinery.

Last week, Ahmed had claimed that the Dangote Refinery was not yet authorized to operate and criticized the quality of its petroleum products.

He noted that the sulfur content of products from Dangote Refinery, along with other smaller modular refineries such as Watersmith and Aradel, ranged between 650 and 1,200 parts per million (PPM), which he argued was inferior compared to imported petroleum products.

In response, Dangote refuted Ahmed’s claims, asserting that the refinery’s products were of high quality. He called for an independent assessment to verify the quality of their products.

Dangote criticized the current testing procedures, suggesting that the results of imported products might be manipulated and that independent testing would reveal different outcomes.

This statement was made during a tour of the Dangote Refinery with Speaker of the House of Representatives, Tajudeen Abbass, and other senior lawmakers.

Business

Dangote Refinery Increases Petrol and Diesel Prices

Published

2 weeks ago

March 10, 2026

Ese Ohwofa

It has been noted that there is now an increase in fuel all around Nigeria, from … to 1000 plus in fuel stations.

It was also noted that Dangote Petroleum Refinery increased the price to 1,175 per litre and diesel has been increased to 1,620 per litre.

This new spike in fuel increase has caused Nigerians to lament widely, wondering why this change happened all of a sudden.

Business

10 Businesses to Invest in 2026: Best Sectors, Stocks, and Companies to Watch

Published

1 month ago

February 17, 2026

Ese Ohwofa

MTN Nigeria Communications Plc (MTNN) – Strong telecom growth and 5G expansion.
Dangote Cement Plc (DANGCEM) – Leading cement maker benefiting from infrastructure demand.
Guinness Nigeria Plc (GUINNESS) – Consumer stock with solid turnaround potential.
Okomu Oil Palm Plc (OKOMUOIL) – Agriculture stock tied to palm oil demand.
Seplat Energy Plc (SEPLAT) – Energy player with gas and oil sector exposure.
Zenith Bank Plc (ZENITHBANK) – Tier-1 bank with strong financial performance.
Guaranty Trust Holding Company Plc (GTCO) – Leading bank with diversified revenue streams.
Presco Plc (PRESCO) – Palm oil producer with export and dividend potential.
NASCON Allied Industries Plc (NASCON) – FMCG stock with strong fundamentals.
Aradel Holdings Plc (ARADEL) – Growing energy sector stock with upstream exposure.

Business

BATNF, NYSC Collaborate to Promote Agribusiness Among Corps Members

Published

2 months ago

January 28, 2026

Ese Ohwofa

It has been noted that the National Youth Service Corps (NYSC) and British American Tobacco Nigeria Foundation (BATNF) plan to renew their partnership in agribusiness.

The new project is to involve youth in the agriculture business, widen their horizons, and educate them about the agritech sector.

The general manager shared that “The foundation is not only providing grants but also building a system of mentorship, structure, and support that enables corps members to see agribusiness as a serious enterprise pathway.” The plan is to use the NYSC platform to engage youths.