[This Day] ·Reveals he has two oil blocks, but won't invest heavily in upstream segment
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[This Day] Abuja -- A plan to bring electricity to 300 million Africans by 2030, backed by an initial pledge of $30 billion from the World Bank and the African Development Bank (AfDB) has begun to be implemented with an assessment of the first potential beneficiaries.
[This Day] The Dangote Group has announced that it is partnering the Abuja Chamber of Commerce and Industry (ACCI) to boost trade and investment in the country as the major sponsor of the 19th edition of the trade fair which officially opened yesterday.
[This Day] Abuja -- The Joint National Assembly ad-hoc committee on the sabotage in the oil and gas sector of the nation's economy, would be formally inaugurated at both chambers of the federal parliament during plenary today.
[Premium Times] In addition to being partners, Dangote and NNPCL will soon become bitter business rivals competing for clients in the downstream sector.
[Daily Trust] Libya continues to offer the cheapest petrol in Africa, with the price of octane-95 gasoline (petrol) standing at 0.15 Libyan Dinar per litre, equivalent to approximately $0.032 or N52 as of September 16, 2024.
[Leadership] There are indications that the current prices of Premium Motor Spirit (PMS) from Dangote Refinery are priced under subsidy considerations.
[Daily News] THE government's mission to lower gas prices is commendable, as it will benefit our environment.
[Africa Check] IN SHORT: The price of petrol in Nigeria has risen sharply since May 2023 to as high as N897 per litre. However, claims that the NNPC has shared places where it can be bought for as little as N200 are false.
[Premium Times] "I think it is the right time to get rid of subsidy because all countries have gotten rid of subsidy," Mr Dangote said.
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