Tuesday, February 17, 2026
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Tag: ALIKO DANGOTE

Dangote Gives PENGASSAN a Soft LandingĀ 

This ā€œsoft landingā€ approach provided an alternative to outright reinstatement, enabling affected employees to retain employment—albeit in different sectors. For PENGASSAN, the deal represented an acceptable outcome even though it would lose these 800 members and their monthly dues to the union because it would provide a window to calling off the strike without losing face.Ā 

Dangote Refinery Rejects N1.5 Trillion Subsidy Demand from MarketersĀ 

Dangote Refinery emphasized that it has no intention of raising its gantry price to accommodate such demands or paying a subsidy of N1.5 trillion. The company also denounced the practice of fuel subsidies, which it said had resulted in significant financial losses for the Federal Government in the past. The refinery urged marketers to take advantage of its ā€œlogistics-freeā€ initiative by lifting products directly from its gantry, without incurring extra charges.Ā 

Marketers Prepare for Dangote Refinery’s August 15 Direct Supply LaunchĀ 

Marketers across Nigeria are updating their strategies as Dangote Petroleum Refinery prepares to start direct petrol distribution domestically on August 15. This move aims to secure stable, competitive prices amid ongoing fuel scarcity and fluctuating import and production costs driven by volatile exchange rates.

Dangote Plans to Build the “Biggest, Deepest” Port in Nigeria Ā 

According to reports, Dangote has submitted a construction proposal for a seaport in Ogun State, to the state government in late June. If approved, the proposed project would be the largest and deepest port in Nigeria.

NNPCL Lowers Petrol Price by ₦15Ā 

The Nigerian National Petroleum Company Limited (NNPCL) has adjusted the pump price of Premium Motor Spirit (PMS) from ₦910 to ₦895 per liter, reflecting a ₦15 reduction.Ā 

Dangote: We Wouldn’t Have Attempted the Refinery if we Knew the MagnitudeĀ 

ā€œHonestly, if we had fully understood the magnitude and challenges involved, we may not have even attempted it, but it is because we didn’t know what we were into initially and the courage, or maybe,Ā naivety that got us this far,ā€ Dangote said.Ā 

Dangote Salutes New NNPCL LeadershipĀ 

Aliko Dangote, President of Dangote Group, admires the new leadership of Nigerian National Petroleum Company Limited (NNPCL) for their support of his $20 billion refinery project. With President Bola Ahmed Tinubu’s appointments of Bashir Bayo Ojulari as Group CEO and Ahmadu Musa Kida as Non-Executive Chairman, Dangote is optimistic about the future. He highlights NNPCL’s structural reforms for transparency and efficiency, believing this new management team will revitalize Nigeria’s oil sector and help achieve a $1 trillion economy.