Daily Archives: February 15, 2024

Dangote’s refinery to export fuel amidst domestic sacarcity … But sources said domestic market to get first cargoes in weeks

Amidst scarcity of fuel in Nigeria, the Dangote Petroleum Refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters.
Nigerians have been eagerly looking forward to the release of products from the $20 billion Dangote refinery after it was inaugurated in May last year by former President Muhammadu Buhari.
However, though loading details were not immediately available, sources told Reuters that the refinery was preparing to deliver its first fuel cargoes to the domestic market within weeks.

Beer drinkers to pay more for consumption as NBL increase prices next week

Amidst biting, scorching economic condition, those who leisure time is spent on drinking beer will have to cough out extra money to continue in their pleasure beginning from Monday next week.