Energy
Dangote Refunds N16bn On PMS Purchases Above Advertised Rates
The Dangote Petroleum Refinery and Petrochemicals Co is poised to absorb up N16 billion by refunding N65/litre to marketers for those who made purchases from its key partners above the advertised rates.
The move, a company statement has it, follows the refinery’s recent reduction of its gantry price from N890 to N825 per litre for Premium Motor Spirit (PMS) also known as petrol for its strategic partners – AP (Ardova Plc), Heyden, or MRS in the domestic market.
The refinery stated that this is part of its ongoing efforts to ensure that Nigerians are the primary beneficiaries of the price reduction and in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which aims to stimulate the economy.
In a statement issued over the weekend, the refinery confirmed it will refund N65 per litre on the over 200,000 metric tonnes of PMS purchased by marketers at the old gantry price of N890 per litre, prior to the new rate of N825 per litre. Dangote refinery also absorbed N16bn loss by refunding N65/litre to marketers for Nigerians to benefit from cheaper fuel
“The step, effective February 27, 2025, guarantees that none of our valued business partners will experience a loss due to the price change. More importantly, it ensures that the new, lower rate takes immediate effect nationwide for the benefit of the Nigerian people,” the statement said.
ALSO READ: Shell Pledges Support For Reforms In Nigeria’s Oil And Gas Industry
The refinery emphasised that this initiative extends beyond MRS Holdings, Ardova Plc (AP), and Heyden. It urged other marketers sourcing stock from it to pass on the benefits of the new pricing to consumers at the retail level, encouraging a collective commitment to affordable, quality products.
Dangote also condemned any exploitation of the new pricing structure. “It is both unpatriotic and detrimental to the welfare of Nigerians for any party to purchase at a rate of N825 per litre and then sell to consumers at N945 or more per litre. This constitutes excessive profiteering, further burdening Nigerians for personal gain,” the statement added.
“Dangote Refinery in its effort to ensure good quality and affordable fuel for Nigerians, is working with its partners to make this price accessible. Consumers who purchase fuel above the advertised rate at any of its key partners – AP (Ardova Plc), Heyden, or MRS – anywhere in Nigeria, are encouraged to report to Dangote Refinery with their receipts for a full refund of the excess amount.
The approved rates per litre are as follows: MRS: N860 in Lagos, N870 in the South-West, N880 in the North, and N890 in the South-South and South-East; Heyden and AP: N865 in Lagos, N875 in the South-West, N885 in the North, and N895 in the South-South and South-East.
With the new gantry price set at N825 per litre, Dangote Refinery expects that no Nigerian will pay more than N900 per litre for PMS, regardless of location or petrol station. The refinery also underlined its commitment to providing high-quality, eco-friendly fuel that benefits vehicle performance and supports public health.
“Our commitment aligns with the objectives of President Bola Tinubu’s Renewed Hope Agenda, which champions self-sufficiency in critical sectors like energy. We remain dedicated to supporting Nigeria’s economic growth and ensuring every Nigerian has access to affordable, high-quality energy solutions,” the refinery said.
Dangote Refinery concluded, “This initiative is one of many ways Dangote Petroleum Refinery & Petrochemicals continues to contribute to a prosperous and sustainable future for our country. In this journey toward energy security, we stand united with the Nigerian people, always striving to provide lasting solutions and a more prosperous future for all.”
Energy
Nigeria’s First Energy Infrastructure Map for Unveiling at NOG 2026
In what is expected to provide investors and industry stakeholders with a detailed overview of Nigeria’s energy assets and opportunities, her first comprehensive Gas and Power Infrastructure Map will be unveiled at the 25th edition of NOG Energy Week.
It was gathered that the publication, developed by the Gas for Africa programme in partnership with NNPC Limited, will be launched during the annual energy conference in Abuja and is being positioned as a major step towards improving transparency and investment decision-making in Nigeria’s gas and power sectors.
Industry stakeholders have long cited the lack of consolidated and reliable infrastructure data as a major challenge to attracting investment into the sector. The new map seeks to address that gap by providing a single source of information on Nigeria’s gas and power infrastructure, including pipelines, gas processing facilities, power generation assets, LNG terminals and key transmission networks.
ALSO READ: Dangote Refinery Hits 700,000bpd Output, Eyes Global Leadership
Alongside the infrastructure map, organisers will also release a comprehensive report on Nigeria’s gas sector, which they describe as the most extensive industry intelligence publication ever produced on the country’s gas value chain.
The report examines developments in the sector since 2020 and covers key areas such as the NNPC Gas Master Plan 2026, gas reserves and production trends, pipeline infrastructure, capacity challenges, compressed natural gas (CNG), piped natural gas (PNG), liquefied natural gas (LNG) markets, gas-to-power projects and gas-based industrialisation.
According to the organisers, the publication provides an end-to-end assessment of Nigeria’s gas industry and offers critical insights for investors, policymakers and industry operators.
The launch comes at a time when global energy markets are undergoing significant shifts, driven by geopolitical tensions and increasing demand for alternative and secure energy supplies.
Organisers noted that Nigeria is strengthening its position as a major energy player, supported by rising crude oil production, implementation of a new Gas Master Plan and expanding refining capacity.
They said the infrastructure map and accompanying report are expected to help convert investor interest into concrete projects by providing accurate data on existing assets, infrastructure gaps and future opportunities across the sector.
Attendees at NOG Energy Week will be the first to access both publications as government officials, energy executives, investors and industry leaders gather in Abuja for the five-day event.
The conference is also expected to feature investment discussions, joint venture announcements, memorandum of understanding signings and project partnerships aimed at advancing Nigeria’s energy development agenda.
With preparations gathering momentum ahead of the event, organisers said NOG Energy Week 2026 will provide a platform for stakeholders to examine the future of Nigeria’s energy sector and its role in Africa’s broader energy transition and industrial growth.
Energy
OPEC+ Increases Production Quotas for July
OPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikely to have an impact on prices sent higher by the Mideast war.
Jorge Leon, analyst at Rystad Energy, said ahead of the expected increase that it “means very little while the Strait of Hormuz remains closed”.
He added: “The market is not short of quota announcements; it is short of physical barrels that can actually move. In that sense, the 188,000 barrels per day increase would be more of a policy signal than a real supply boost.”
The hiked production output was agreed Sunday in a video meeting of oil ministers from key OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, a statement from the organisation said.
ALSO READ: Oil Sector Attracts $460,000 in Three Months – NBS
The increase was similar to ones decided in previous months.
The OPEC+ statement said the latest agreed hike was “to support oil market stability” but that the seven countries also saw an opportunity “to accelerate their compensation” in a time of historically high oil prices.
It added that the ministers “reaffirmed the importance of adopting a cautious approach and retaining full flexibility to increase, pause or reverse the phase out of the voluntary production adjustments, including reversing the previously implemented voluntary adjustments announced in November 2023”.
Leon, at Rystad Energy, said that OPEC+ was wary in case the Mideast war changes, and Iran’s stranglehold on the Strait of Hormuz eases.
“When the Strait of Hormuz reopens, the market could move very quickly from fear of shortage to fear of surplus,” he said.
“Returning OPEC+ supply, a stronger US shale response and weaker demand after a period of very high prices could leave the market with a very large oversupply problem,” he said.
AFP
Energy
Nigeria, Algeria, Niger Back Trans-Saharan Gas Pipeline Project
Nigeria, Algeria, and Niger have expressed joint commitment to the Trans-Saharan Gas Pipeline (TSGP) project, which is set to significantly strengthen Africa’s regional energy security.
Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, made the disclosure on Thursday at the 5th Ministerial Meeting of the TSGP Steering Committee in Algiers.
The high-level session included ministerial delegations from the three participating nations and a strategic consultation with Algerian President Abdelmadjid Tebboune.
The minister reaffirmed Nigeria’s commitment to the successful delivery of the multi-billion-dollar infrastructure project, describing it as a landmark initiative that will redefine energy security across the continent.
ALSO READ: Dangote Refinery Hits 700,000bpd Output, Eyes Global Leadership
According to Ekpo, technical and commercial discussions are ongoing among stakeholders to reinforce the regulatory and financial frameworks required for the project’s implementation.
He noted that officials from the three countries have reviewed the latest feasibility reports and officially resolved that the project proceeds immediately into its next development phases.
“This project means a lot to the three countries in terms of industrialisation and job creation,” Ekpo asserted.
“We’ve talked about the Trans-Saharan Gas Pipeline, and the President of Algeria has expressed his interest in the completion of the project,” Ekpo said. “I assure him that on the part of Nigeria, we will do everything possible to ensure the project sees the light of day.”
The minister pledged to work closely with his counterparts in Algeria and Niger, as well as the respective national oil companies — including the Nigerian National Petroleum Company Limited (NNPC Ltd) and Algeria’s Sonatrach — to accelerate project implementation.
On his part, President Tebboune reaffirmed Algeria’s full diplomatic and financial commitment to the pipeline.
He expressed confidence that with the robust political will demonstrated by the three governments, the pipeline will seamlessly move from planning to execution.
Tebboune noted that when completed, the transnational pipeline would deliver energy security, lucrative investment opportunities, and sustainable economic development for millions of people across Africa and European export markets.






phlh62
hfbsqf
Youre so cool! I dont suppose Ive read anything like this before. So good to find someone with some original ideas on this subject. realy thank you for beginning this up. this website is one thing that’s wanted on the web, somebody with a little originality. useful job for bringing something new to the web!
ekakgz
I do love the manner in which you have framed this particular problem plus it does supply me a lot of fodder for consideration. On the other hand, from what precisely I have experienced, I basically hope as the actual opinions pack on that men and women stay on point and in no way embark on a tirade associated with the news du jour. Still, thank you for this exceptional piece and whilst I do not concur with it in totality, I value your viewpoint.
Hey just wanted to give you a quick heads up and let you know a few of the images aren’t
loading properly. I’m not sure why but I think
its a linking issue. I’ve tried it in two different
browsers and both show the same results.
so shalt thou be beloved by all men); and good cattle,whichneither if they eat,ラブドール オナニー
” I was astounded.The Prefect appeared absolutely thunder-stricken.ラブドール エロ
and then she emerged from her “vortex,” hungry,エロ ロボット
was ata ball–and at this ball,エロ ラブドールwhat do you think he did? He danced only fourdances! I am sorry to pain you,
was almost incredible to Mrs.Hurst andMiss Bingley,えろ 人形
but not personally.オナホ フィギュアI shall enumerate them by theirfore-castle appellations,
Five minutes passed.He still paced up and down the room in silence,エロ フィギュア 無 修正
and over which the wave of foreign innovation had passed soslightly that even the calendar still remained unchanged,and the feasttook place upon the third day of the third month of the old Japaneseyear,ロボット エロ
set forth in the General Terms of Use partof this license,銈ㄣ儹 銇?涓嬬潃apply to copying and distributing ProjectGutenberg? electronic works to protect the PROJECT GUTENBERG?concept and trademark.
for she had on high-heeled shoes,as Laurie told Joafterward,リアル ラブドール
ラブドールla porte en étant fermée,priez votre Père dans le secret.
equántas cosas fazen e desfazen con sus fechizos e maldiciones! Fazen alos casados dexar sus mugeres e yr a las extra?as; esso mesmo la muger,ラブドール エロdexado su marido,
?“A great deal indeed,?corroborated Wilkins heartily.リアル えろ
銈ㄣ儹 涓嬬潃nor his maidservant,nor his nor his nor anythingthat is thy neighbor’s.
sbattlement which would be empty at this hour,and watch the moon riseout of the sea.リアル えろ
beg in carefully chosen phrases,to do her the specialhonour of bestowing upon them the precious gift of his acquaintance,アジア えろ
えろ 人形?“I think I have heard you say that their uncle is an attorney inMeryton? ?“Yes,and they have another,
but shook his head in a dubious and moral way.下着 エロ“It depends upon how you dewelop your talent Be careful to dewelopyour talent and never to say no more than you can help to nobody,
エロ コスチュームtraining for the calling of teaching and special research.By a peculiar education which has to do chiefly with preparation forthe pursuit of conspicuous idleness,
Some participants in this category also said they chose to be physically close to their partner without it necessarily being sexual — for example,cuddling or holding hands.女性 用 ラブドール
I like what you guys are up too. Such intelligent work and reporting! Keep up the superb works guys I’ve incorporated you guys to my blogroll. I think it’ll improve the value of my website :).
コス エロThe copyright laws of the place where you are located also governwhat you can do with this work.Copyright laws in most countries arein a constant state of change.
I think this web site holds some rattling excellent information for everyone :D. “Heat cannot be separated from fire, or beauty from The Eternal.” by Alighieri Dante.
Hs account of the woodpecker,ラブドール 高級s dongs wassatsfyng.
I think you have remarked some very interesting points, thanks for the post.
Very interesting topic, regards for posting. “Integrate what you believe into every single area of your life.” by Meryl Streep.
Some genuinely interesting details you have written.Aided me a lot, just what I was looking for : D.
cosplay lingerieanimals,tracks,
education,せっくす どー るand behaviour,
エロ ラブドールpara qué son sino para dexar su agua á los cauallos? canta algo con que lloremos todos._–Romance,
I will right away seize your rss as I can’t in finding your email subscription link or e-newsletter service.
Do you have any? Please let me recognise so that I could subscribe.
Thanks.
my web page youtube mp4
Уou could definitеly ѕee your enthusiasm in the article yoս write.
Tһe arena hopes foг more passionate writers ѕuch as you who aгen’t afraid to say how theʏ believe.
At aⅼl times go after your heart.
This therefore contains the power of war and peace,leaguesand alliance and all the transaction with all persons andcommunities without the commonwealth,コスプレ えろ
アダルト フィギュア 無 修正if any despising,as too simple,
ベビー ドール ランジェリーBut I would wish to know why youshould have pursued the Earl of Stretton and that gentle yourfellow- with so much hatred and malice.””I have neither hatred nor malice against the ” replied with a shrug of the shoulders,
and the Fabii hence acquir’dTheir fame,アダルト ランジェリーwhich I with duteous zeal embalm.
ダッチワイフLa resistencia de lacapital se prolongó todavía dos a?os.que por su tesis contra Rojas propende áexagerar la antigüedad de la _Celestina_,
“Never mind.?Adrian Singleton rose up wearily and followed Dorian to the bar.lovedoll
and silently fixed his eyes on Bagratión as a schoolboy whohas blundered looks at an examiner.The silence lasted some time.ラブドール 最新
when speaking of the impressment and illusage of our seamen by the English,calls a British man-of-war “_afloating Pandemonium_.エロ い コスプレ
?Reniego de las barbas de Barrabás?,?Despecho del galeóndel Rey de Francia?,ラブドール えろ
I love it when people come together and share opinions, great blog, keep it up.
I see something really special in this internet site.
You made various fine points there. I did a search on the topic and found nearly all people will agree with your blog.