* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, July 23, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

    Inspired Entertainment, Inc.’s (NASDAQ:INSE) Price Is Right But Growth Is Lacking After Shares Rocket 29% – simplywall.st

    Inspired Entertainment Soars 29% but Growth Momentum Falls Short

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Cold Weather Alloy Opens New Possibilities for Space Technology – Universe Today

    Revolutionary Cold Weather Alloy Unlocks New Frontiers in Space Technology

    Defence Holdings PLC Transitions from Esports to Pioneering Defence Technology

    Bull of the Day: Credo Technology Group (CRDO) – Yahoo Finance

    Bull of the Day: Why Credo Technology Group (CRDO) Is Poised for a Breakout

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

    Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

    AP Entertainment SummaryBrief at 1:51 p.m. EDT – Channel 3000

    Entertainment Highlights: Key Updates You Can’t Miss

    ‘Devil Wears Prada 2’ casts Anne Hathaway’s love interest replacing Adrian Grenier’s Nate – Entertainment Weekly

    Devil Wears Prada 2′ Casts New Love Interest for Anne Hathaway, Replacing Adrian Grenier’s Nate

    12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced – The Mountaineer

    12 Unforgettable ‘Late Show’ Moments That Prove Stephen Colbert Is Truly One of a Kind

    Canes owner Tom Dundon’s real estate firm eyes entertainment complex near RDU – The Business Journals

    Canes Owner Tom Dundon’s Real Estate Firm Unveils Plans for Thrilling New Entertainment Complex Near RDU

    Inspired Entertainment, Inc.’s (NASDAQ:INSE) Price Is Right But Growth Is Lacking After Shares Rocket 29% – simplywall.st

    Inspired Entertainment Soars 29% but Growth Momentum Falls Short

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

    Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

    Morgan Adamski Joins PwC in Newly Created Cyber, Data & Technology Risk Division – HSToday

    Morgan Adamski Leads the Charge in PwC’s Cutting-Edge Cyber, Data & Technology Risk Division

    Transformative technology, support for food entrepreneurs spotlighted – University of Hawaii System

    How Cutting-Edge Technology and Strong Support Are Revolutionizing Food Entrepreneurs’ Success

    Cold Weather Alloy Opens New Possibilities for Space Technology – Universe Today

    Revolutionary Cold Weather Alloy Unlocks New Frontiers in Space Technology

    Defence Holdings PLC Transitions from Esports to Pioneering Defence Technology

    Bull of the Day: Credo Technology Group (CRDO) – Yahoo Finance

    Bull of the Day: Why Credo Technology Group (CRDO) Is Poised for a Breakout

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Refinery Report: Our Diesel Best in Nigeria, Crashes Market Price to N1,000 per litre – Dangote

July 28, 2024
in Business
Refinery Report: Our Diesel Best in Nigeria, Crashes Market Price to N1,000 per litre – Dangote
Share on FacebookShare on Twitter

http://economicconfidential.com/

Refinery Report: Our Diesel Best in Nigeria, Crashes Market Price to N1,000 per litre – Dangote

The Dangote Refinery says its diesel lunch into the market from April 2024 slashed the market price from N1,600 to N1,000 per litre.

Although the product presently goes for a little above N1,000.

The refinery said the price crash representing over 30 percent of the previous market price is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country.

Dangote Group Chief Commercial Officer, Rabiu A. Umar stated this on Friday in Kano at a media chat.

Umar said since the commencement of operations of the refinery, apart from the Nigerian market, its products have been exported to neighbouring African countries, Europe and the United States.

‘’As I speak with you right now, we have been refining Jet-A 1, that is aviation fuel and diesel with the expectation to roll out petrol from next month, ‘’Umar said.

Recall, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Chief Executive, Farouk Ahmed, in his recent comment stated that the quality of the refinery product is inferior to the imported products.

“Dangote Refinery is still in the pre-commissioning stage. It has not been licensed yet,’’ Ahmed said.

Reacting to this comment, the Dangote Group Chief Commercial Officer denied the claims saying it was a total demarketing of the organization.

“Regarding diesel quality, we started with 600-700 PPM because it was a new plant.

“Now, our production is at 87 PPM, and by the end of August, it will be at 10 PPM.

He said, none of the imported diesel into Nigeria can compete with the Dangote refinery in terms of quality and this can be confirmed by any expert who intends to test our products and those imported independently.

‘’The airplanes using our product have never for once complained, talkless of the countries buying them in Europe and the United States where they don’t compromise standard.’’

According to him, even when the House of Representatives leadership led by the Speaker, Hon. Tajudeen Abbas visited the refinery last weekend, on their way they decided to buy diesel from two filling stations and compared with that of Dangote Refinery; they were amazed with the result of the quality of our product.

“The test revealed that Dangote’s diesel had a Sulphur content of 87.6 ppm (parts per million), whereas the other two samples showed Sulphur levels exceeding 1800 ppm and 2000 ppm respectively.”

“We produce the best diesel in Nigeria. It’s disheartening that instead of safeguarding the market, the regulator is undermining it.’’

‘’Our doors are open for the regulator or any other persons in to conduct tests on our products anytime; transparency is paramount to us. Our interest is Nigeria first because if Nigeria doesn’t grow, we have limited capacity for growth.’’

‘’ The test conducted in their presence confirmed the quality of our diesel and attest to the fact that our diesel is one of the best in the world with the low Sulphur level, ‘’Umar said.

Also, on the issue of the refinery not yet license, Rabiu Umar noted that documents and facts do not lie, adding that all necessary procedures have been complied with before the refinery started operations.

‘’Anybody can cross check our papers, we are lincensed by the authorities to commence operations.’’

‘’NNPCL equity in our refinery now stands at 7.5% against 20%’’

Speaking on the NNPCL equity in the Dangote Refinery, Umar said initially 20% equity was allotted to the NNPCL with some obligations expected to be met.

‘’However, the NNPCL has not been able to meet those obligation that reduced the equity to 7.5%, ‘’Umar noted.

He described Dangote Refinery as a Nigerian and African pride that should not be allowed to die.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : EconomicConfidential – https://economicconfidential.com/2024/07/refinery-report-diesel/?utm_source=rss&utm_medium=rss&utm_campaign=refinery-report-diesel

Tags: businessRefineryReport
Previous Post

Nigeria’s Petroleum Imports from Malta Surge under Tinubu Administration

Next Post

The latest on the Paris Olympics

Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

July 23, 2025
M’s Announce MiLB Telecasts on ROOT SPORTS – MLB.com

M’s Announce MiLB Telecasts on ROOT SPORTS – MLB.com

July 23, 2025
Heat wave causing myriad problems for Lake Erie’s ecology – Toledo Blade

Scorching Heat Wave Triggers Major Ecological Crisis in Lake Erie

July 23, 2025
Put the Phone Down, Kid. Science Says So. – 105.7 WROR

Why You Should Tell Your Kid to Put the Phone Down-Science Has Spoken

July 23, 2025
CRISPR uncovers gene that supercharges vitamin D—and stops tumors in their tracks – ScienceDaily

CRISPR Uncovers Gene That Supercharges Vitamin D and Stops Tumor Growth

July 23, 2025
Equity LifeStyle Properties Inc reports results for the quarter ended June 30 – Earnings Summary – TradingView

Equity LifeStyle Properties Inc Reports Impressive Q2 Earnings for June 30

July 23, 2025
The Ukraine war will shape the world – Financial Times

How the Ukraine War Is Shaping the Future of Our World

July 23, 2025
7 of the Best Freebies You Can Get in Economy—Meals, Alcoholic Drinks, and Toys Included – Yahoo Home

7 of the Best Freebies You Can Get in Economy—Meals, Alcoholic Drinks, and Toys Included – Yahoo Home

July 23, 2025
Black Box Players presents ‘The Three Musketeers’ – CBS 19 News

Experience the Adventure: Black Box Players Bring ‘The Three Musketeers’ to Life!

July 23, 2025
Opinion | U.S. Global Health Aid Is an Exemplar of Efficiency – The Wall Street Journal

How U.S. Global Health Aid Leads the Way in Efficiency and Impact

July 23, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (735)
  • Economy (758)
  • Entertainment (21,642)
  • General (16,058)
  • Health (9,796)
  • Lifestyle (766)
  • News (22,149)
  • People (760)
  • Politics (767)
  • Science (15,975)
  • Sports (21,256)
  • Technology (15,741)
  • World (741)

Recent News

Sustainserv and Palau Announce Technology Partnership to Leverage Innovative AI Platform to Advance Sustainability Reporting – Business Wire

Sustainserv and Palau Team Up to Transform Sustainability Reporting with Breakthrough AI Technology

July 23, 2025
M’s Announce MiLB Telecasts on ROOT SPORTS – MLB.com

M’s Announce MiLB Telecasts on ROOT SPORTS – MLB.com

July 23, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version