Search

Dangote Refinery Accuses International Oil Companies of Sabotage

Breaking News
© Allen Dreyfus
  • Dangote Oil Refinery alleges IOCs are inflating local crude prices, forcing imports
  • IOCs accused of undermining Nigeria’s self-sufficiency in refined petroleum products.

 

Lagos, Nigeria – The management of Dangote Oil Refinery and Petrochemicals Ltd has accused international oil companies (IOCs) operating in Nigeria of frustrating the plant’s operations, by inflating the price of local crude oil above market rates.

You need an active subscription to continue reading this article.

Recent Business

Maputo, Mozambique Photo @ Pexels
Mozambique trims lending rate to 16% as economy reels from recession
Read More »
©️ Oando PLC
Oando Nigeria’s profit soars 164% on surging oil output and upstream gains
Read More »
Dakar, Senegal. © Pexels
Senegal aims to rein in soaring debt as oil and gas windfall nears
Read More »

Recent Politics

Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Tanzania’s Samia Suluhu faces legitimacy test after disputed landslide
Read More »
Donald Trump, US President @ Pixabay
Trump threatens military action in Nigeria over Christian killings
Read More »
US passport and visa on display. Photo by Global Residence Index @ Unsplash
Did Mali’s tough stance with the U.S. over visas pay off?
Read More »

Latest Posts

Latest news insights