Tag Archives: Dangote Refinery

Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has faulted the Federal Government’s decision to suspend the proposed implementation of the 15 percent import duty on Premium Motor Spirit (PMS) and diesel imports, saying the move could slow down the nation’s progress toward energy independence and weaken investor confidence in the refining sector.

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The Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has commended the Federal Government’s decision to impose a 15% tax on imported petrol and diesel, describing it as a bold and strategic move that will stimulate economic growth, encourage local production, and create employment opportunities for Nigeria’s growing youth population.

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When a nation is bleeding economically, with inflation at historic highs and citizens gasping for survival, one expects government policy to offer relief, not suffocation. Yet, President Bola Ahmed Tinubu’s approval of a 15 per cent import duty on petrol and diesel does the exact opposite for it taxing pain in a broken economy.

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Dangote Petroleum Refinery has reaffirmed its commitment to ensuring steady and uninterrupted supply of Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel) nationwide, with a daily production capacity exceeding the domestic demand.

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‎The Dangote Group has announced plans to list the Dangote Petroleum Refinery on the Nigerian Exchange (NGX) in 2026, allowing Nigerians to own a stake in the company.

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Dangote Industries Limited has once again reaffirmed its dominance as Nigeria’s Most Valuable Brand, emerging at the top of the Top 50 Brands Nigeria 2025 ranking for the eighth consecutive year.

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The Dangote Petroleum Refinery has earned a high commendation from the Global Board members of the Project Management Institute (PMI), which described the facility as a world-class model of excellence in project execution and remarkable demonstration of global project management standards.

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Dangote Petroleum Refinery has dismissed recent media reports alleging that it is importing finished petrol with high sulphur content into Nigeria, describing the claims as false and misleading.

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The Nigeria Export Processing Zones Authority (NEPZA) has cautioned the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) against actions that contravene Free Trade Zone (FTZ) regulations, reaffirming that strikes and lockouts are expressly prohibited within such zones for a period of ten years from commencement of operations.

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A group of eminent Nigerians, top business leaders, clerics, and civil society advocates, have cautioned the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the organised labour movement against actions capable of undermining national economic interests, particularly concerning the Dangote Petroleum Refinery.

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