Business
New Report on Dangote Refinery’s Diesel Quality Expected On Monday
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.
- 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.
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- 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.
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.
Idi Mukhtar Maiha, Minister of Livestock Development, has revealed the government’s intention of placing women in the livestock transformation agenda that they have in store for Nigeria.
During a recent event, he praised women, describing them as the backbone of the country, and shared that the country will keep on needing their support, hence the inclusion of the agenda team.
He also praised the First Lady for the impact she has made in the country so far and her advocacy for women’s empowerment.
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