The Nigerian National Petroleum Company Limited (NNPCL) began loading petrol from Dangote Refinery in Ibeju-Lekki, Lagos on Sunday.

In a post on X, the company said: “NNPC begins PMS lifting at the Dangote Petroleum Refinery.” The company also shared photos of trucks being loaded with petrol at the refinery’s gantries.

Join our WhatsApp Channel

The facility is equipped with 86 gantries making it possible to load 86 trucks simultaneously, thereby making the loading process faster.

Out of the 86 gantries, 40 are dedicated to discharge of petrol alone.

Vice President of Dangote Industries Limited, Devakumar Edwin, said the refinery has the capacity to discharge 54 million litres of petrol per day, thereby saving the country foreign exchange.

The Federal Government had on Friday announced that the Dangote Refinery will commence supply of petrol to NNPC on Sunday.

On Saturday, the NNPCL spokesperson, Olufemi Soneye shared an update on X indicating that about 300 trucks belonging to the national oil company have arrived at the refinery ahead of today’s lifting of the product.

This development comes after months of anticipation of the distribution of the petrol across the country by Dangote Refinery.

The 650,000 barrels per day refinery which started operations in January, had been producing and supplying diesel both to local and international markets. It however postponed the commencement of sale of petrol for about four times.

Dangote Refinery Sold N898 Per Litre to us – NNPCL

Meanwhile, the NNPCL has disclosed that the Dangote Refinery sold petrol to it at N898 per litre.

The national oil company’s Chief spokesperson, Soneye, in an interview with Daily Trust, countered an earlier report that it bought petrol at N760 per litre from the refinery.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Top 20 Nigerian Newspaper Headlines Today, 19th November 2024
Previous Story

Top 20 Nigerian Newspaper headlines today, 15th September 2024

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security - Edun 
Next Story

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security – Edun 

Featured Stories

Latest from Business News

Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

TOR Secures 950,000 Barrels of Sankofa Crude to Sustain Operations

Written by Amanze Chinonye Tema Oil Refinery (TOR) has secured 950,000 barrels of locally produced crude from Ghana’s Sankofa-Gye Nyame field, providing fresh feedstock as the refinery works to sustain operations and increase fuel production for the domestic market, Prime Business Africa reports.

Gambia Orders Banks to Replace Non-Gambian Staff by Year-End

Written by Amanze Chinonye The Central Bank of The Gambia has directed commercial banks to phase out non-Gambian employees and replace them with suitably qualified Gambian nationals by Dec. 31, as the regulator tightens enforcement of rules governing expatriate employment in the banking

Dangote, Ethiopia and Djibouti Unveil $660m Fuel Pipeline Plan

Written by Amanze Chinonye Ethiopia, Djibouti and Nigerian industrialist Aliko Dangote plan to invest $660 million in a refined petroleum products pipeline connecting the two East African countries, seeking to lower fuel transportation costs and strengthen energy security. Join our WhatsApp Channel The

Lithium: Will Nigeria Repeat the Oil Curse?

Written by MARCEL MBAMALU There is a road out of Lafia where trucks leave every night loaded with stones that will power Tesla batteries in Berlin and solar storage in Beijing, but cannot power the village they left. That is the story of
Top 20 Nigerian Newspaper Headlines Today, 19th November 2024
Previous Story

Top 20 Nigerian Newspaper headlines today, 15th September 2024

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security - Edun 
Next Story

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security – Edun 

Don't Miss

Ada Ameh: Inojie, Amokachi, Victor Osuagwu Pay Tributes To Late Star

Veteran movie actor and comedian Charles Inojie has joined other
Solution To Fertility Issues In Older Women Is At Hand

Solution To Fertility Issues In Older Women Is At Hand

Ageing plays an important role in our lives especially when