News
“New Refinery to Meet Fuel Demand of Nigeria and Sub-Saharan Africa” – Dangote
Aliko Dangote, the President of Dangote Group, announced on Tuesday that the newly built Dangote Refinery will have the capacity to satisfy the fuel needs of both Nigeria and the broader Sub-Saharan African region.
During a press conference, Dangote emphasized that the refinery’s products would be of superior quality, capable of competing with any petroleum product globally.
The refinery, which is located in Lagos and has a capacity of 650,000 barrels per day, is set to release its first batch of Premium Motor Spirit (PMS) soon.
Speaking at the event, Dangote expressed his gratitude to the Nigerian government, highlighting that their support was instrumental in making the project a reality.
“We are deeply grateful to the President and the government for their backing. Without their assistance, we wouldn’t have been able to achieve this milestone.
I believe this refinery will not only change the landscape of the oil industry in Nigeria but also have a far-reaching impact across Sub-Saharan Africa,” Dangote stated.
He further explained that the refinery’s output would comfortably meet Nigeria’s domestic fuel demand and extend its reach to other countries within the region.
“Our refinery has the capacity to meet not just Nigeria’s needs but also the demands of Sub-Saharan Africa. You can expect high-quality petrol that will improve the performance of vehicle engines and prolong their lifespan.
With this, engine problems related to poor fuel quality will be a thing of the past,” Dangote added.
He also noted that the products from the Dangote Refinery would be of the highest global standards, comparing them favourably with petroleum products from the United States and other developed countries.
LeBron James, the NBA’s all-time leading scorer and Los Angeles Lakers star, has announced a temporary break from social media.
The 39-year-old made the announcement on X (formerly Twitter) and Instagram after sharing a post by Rich Kleiman, agent to NBA star Kevin Durant, criticizing the media’s focus on negativity.
Kleiman wrote, “With so much hate and negativity in the world today, it confuses me why some of the national sports media still think that the best way to cover sports is through negative takes… I, for one, find it all a waste of breath.” James shared the post, adding a simple comment: “AMEN!!”
In a follow-up post, James confirmed his social media hiatus, writing, “And with that said, I’ll holla at y’all! Getting off social media for the time being. Y’all take care.”
James, known for his strong presence on and off the court, is taking this break amidst ongoing discussions about the role of media in shaping public perceptions of athletes.
Lagos State Governor, Sanwo-Olu presents 3 Trillion Naira as the budget for the proposed Appropriation Bill for 2025 to the house of assembly. The assembly meeting was led by Speaker, Mudashiru Obasa. The budget is themed Budget of Sustainability and will be a blue print for the commitment to Lagosians.
The ceremony was held in the state house, Alausa, Lagos. With this proposed bill the state government is focusing on environment, education, technology, security and public safety.
Former Petroleum Minister Diezani Alison-Madueke has filed a motion to amend her lawsuit challenging the Economic and Financial Crimes Commission’s (EFCC) order for the final forfeiture of her seized assets.
At a Federal High Court hearing in Abuja presided over by Justice Inyang Ekwo, Alison-Madueke’s counsel confirmed filing the amendment motion and serving the EFCC. Notably, no EFCC representatives appeared in court.
The embattled ex-minister also sought an extension of time to contest the EFCC’s public notice regarding the sale of her confiscated properties, claiming she was denied a fair hearing during the forfeiture proceedings.
The EFCC, however, rejected Alison-Madueke’s allegations, maintaining that the forfeiture cases were lawfully adjudicated over time.
Justice Ekwo adjourned the case to February 17, 2025, to consider the motion to amend the originating process.
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