Echotitbits – Nigeria News

Tag: Dangote Refinery

  • Dangote partners move to N739/litre petrol as price-cut campaign widens

    Dangote partners move to N739/litre petrol as price-cut campaign widens

    2025-12-15 08:00:00

    According to The Punch, partners of the Dangote Petroleum Refinery including MRS are set to begin retailing petrol around ₦739 per litre, following a reduction in the refinery’s ex-depot price and renewed pressure to reflect lower costs at the pump.

    The report says Aliko Dangote argued that some outlets keep prices elevated even after gantry cuts, and that the refinery will push supply and enforcement—starting with partner stations—to make the new pricing regime visible to consumers.

    Punch also reports Dangote raised concerns about the issuance of import licences and warned that continued large-scale imports could undercut local refining investments, especially as refineries scale output into 2026.

    Analysis/Echotitbits take: If the pump price resets stick, it will test how quickly pricing transmits from depot to retail and how regulators manage imports versus local supply. Watch for independent marketers’ adoption rate, regional pricing gaps, and any policy moves on import licences or crude allocation.

    Source: The Punch — December 15, 2025

    The Punch https://punchng.com/dangote-names-n739-as-new-petrol-pump-price/ December 15, 2025

  • Petrol pricing dispute deepens as Dangote pushes for probe of NMDPRA chief

    Petrol pricing dispute deepens as Dangote pushes for probe of NMDPRA chief

    2025-12-15 01:06:00

    According to The Punch, the petrol market dispute between Dangote and the downstream regulator escalated as Dangote called for a probe of the NMDPRA boss, alleging sabotage and impropriety in the ongoing pricing and supply tensions.

    The story outlines claims and counter-claims around access, pricing, and oversight in Nigeria’s post-subsidy downstream landscape, with stakeholders watching for regulatory response.

    The development comes as consumers and marketers track pump prices amid volatility, while policymakers weigh competition and transparency in the sector.

    Analysis/Echotitbits take: This is a credibility test for downstream regulation. The next signals to watch are any official inquiry, clarifications from NMDPRA, and whether the dispute affects depot-to-retail supply or triggers fresh price adjustments.

    Source: THISDAYLIVE — December 15, 2025 — https://www.thisdaylive.com/2025/12/15/dangote-nmdpra-ceo-must-be-probed-prosecuted-for-graft-economic-sabotage/

    Photo credit: THISDAYLIVE

    THISDAYLIVE https://www.thisdaylive.com/2025/12/15/dangote-nmdpra-ceo-must-be-probed-prosecuted-for-graft-economic-sabotage/ December 15, 2025

  • Nigeria’s U.S. crude imports jump sharply as Dangote reshapes supply routes

    Nigeria’s U.S. crude imports jump sharply as Dangote reshapes supply routes

    EIA logo image used by Punch
    2025-12-14

    According to The Punch, Nigeria’s imports of crude oil from the United States surged by 153% in 2025 (February–September), reflecting changing supply economics and refinery demand.

    Punch cited U.S. Energy Information Administration (EIA) trade data showing Nigeria imported 39.99 million barrels over the period, up from 15.79 million barrels in the same window of 2024, with shipments rising month by month.

    Reuters earlier reported that the U.S. became a net exporter of crude to Nigeria for the first time in February and March 2025, a shift linked to changing refinery runs and demand signals connected to the Dangote refinery’s operations.

    TheCable also referenced EIA figures, noting the scale of Nigeria’s U.S. crude inflows and how the pattern departs from Nigeria’s typical position as a crude exporter rather than an importer.

    Analysis/Echotitbits take: The bigger story is market efficiency colliding with domestic supply constraints: if local refineries keep buying competitively priced imported crude, Nigeria’s long-standing “crude exporter, product importer” paradox could morph into a new paradox: importing crude for local refining. Watch for tighter enforcement (or redesign) of domestic crude supply frameworks, and whether lower logistics/contracting frictions can make local crude more reliable for local refineries.

    Source: The Punch — 14 Dec 2025 (https://punchng.com/us-crude-exports-to-nigeria-surge-153/)

  • Dangote Refinery Slashes Ex-Depot Petrol Price to ₦699 per Litre

    Dangote Refinery Slashes Ex-Depot Petrol Price to ₦699 per Litre

    Dangote Petroleum Refinery has announced a major cut in its ex-depot petrol price, dropping from ₦828 to ₦699 per litre in what is described as one of its most significant downward reviews this year. The refinery is also rolling out a 10‑day credit window for marketers who lift a minimum of 500,000 litres backed by bank guarantees.

    The company says the adjustment reflects improved supply conditions and its commitment to easing the burden on Nigerians grappling with high pump prices after subsidy removal. Industry players say any reduction at the gantry should, in principle, translate to cheaper fuel at filling stations if middlemen do not hoard the gains.

    Economic analysts, however, caution that exchange-rate volatility and distribution margins could still limit how much relief consumers feel at the pump. They also note that Dangote’s growing dominance in local refining makes its pricing decisions a key variable in Nigeria’s inflation outlook.

    Source: The Nation – “Dangote refinery slashes ex-depot petrol price from ₦828/litre to ₦699/litre”.

  • Dangote Refinery Receives Second Crude Cargo From Ghana

    Dangote Refinery Receives Second Crude Cargo From Ghana

    Photo Credit:Punch Newspapers

    The Dangote Refinery has received its second crude oil shipment from Ghana, signalling deepening regional supply links for the massive Lagos‑based complex. Reports say the cargo is part of a broader supply arrangement that allows the plant to process blends from multiple African producers.

    Energy analysts note that regular deliveries from Ghana and other countries could strengthen West African energy integration, while helping the refinery reach full capacity and stabilise fuel supply in Nigeria. The move also underscores Dangote’s strategy of diversifying feedstock sources beyond domestic crude.

    Source: Punch Newspapers – 12 Dec 2025

    2025-12-12 10:00:00 Punch Newspapers – 12 Dec 2025 2025-12-12