The Chairman of the Dangote Group, Aliko Dangote, has said that the first tranche of petroleum products from the refinery will be supplied to the market before the end of July. Speaking at the commissioning of the integrated refinery project located in the Lekki free trade zone area of Lagos State on Monday, Dangote described it as a milestone in a new and exciting trajectory for Nigeria’s oil and gas downstream sector. He said, “It is our firm commitment that we will replicate in this sector what we have actually achieved in the cement and fertilizer markets while Nigeria transformed from…
Author: ACNNTV
A report by the United Nations reveals that extreme weather conditions have caused the deaths of two million people and $4.3 trillion in economic damage over the past half a century. According to the new figures published on Monday from the UN’s World Meteorological Organisation, 11,778 weather-related disasters have occurred from 1970 to 2021, and they have surged over that period. More than 90 percent of deaths reported worldwide due to these disasters took place in developing countries. “The most vulnerable communities, unfortunately, bear the brunt of weather, climate and water-related hazards,” WMO chief Petteri Taalas said in a statement.…
The Governor of Lagos State, Babajide Sanwo-Olu has lauded the Chief Executive Officer of Dangote Group, Aliko Dangote for the establishment of his refinery in Nigeria, particularly Lagos. He gave the commendation while speaking at the ongoing commissioning of the refinery. He added that Dangote, who came to Lagos from Kano had nothing 45 years ago but now, he has set up an empire in Nigeria to make Africa proud. He said, “The first story is about a young Nigerian 45 years ago and you see the coincidence in the story. 45 years ago, who came to Lagos, all the…
The Allied Peoples Movement has said that it will call one witness to testify in its petition at the Presidential Election Petition Court. The party said that it would call only one witness and would need three days for the witness to testify. Reporting to the court on the agreed streamlining of witnesses, counsel to APM, Mr. Shehu Abubakar said that the star witness would take 20 minutes to give the evidence-in-chief while cross-examination would be for 25 minutes and re-examination would be done in five minutes. Abubakar said that documents that would be relied on by each party had…
The Debt Management Office has refuted the claim by a non-governmental organisation, Socio-Economic Rights and Accountability, that Nigeria has defaulted in repaying its Chinese loans. SERAP in a statement yesterday hailed the judgement that ordered the present regime led by the President, Major General Muhammadu Buhari (retd), to account for how it spent $460 million obtained from China to fund the Abuja Closed-Circuit Television project which later was not implemented. The NGO also quoted a report in its statement saying “Nigeria has failed to repay loans for which penalties stand at N41.31bn.” But DMO in its rebuttal said the statement…
The Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has appreciated the President, Major General Muhammadu Buhari (retd.), the President-elect, Bola Tinubu, and Nigerians at large for the support given towards the establishment of the Dangote Petroleum Refinery and Petrochemicals Plant. The businessman expressed his appreciation via the group’s Twitter handle on Monday. The refinery set up to refine 650,000 barrels of crude oil per day transforms crude oil into different petroleum products such as diesel, gasoline, jet fuel, and kerosene. The refinery will produce Euro-V quality gasoline and diesel, as well as jet fuel and polypropylene. The firm…
The President, Muhammadu Buhari (retd.), has arrived to commission the Dangote refinery. The refinery is located at Dangote Industries Free Zone, Ibeju-Lekki, Lagos, and it is set up to process crude oil grades from the continent of Africa, Asia, and America, with a delivery of a surplus of close to 38 million liters of petrol, diesel, kerosene and aviation fuel for Nigeria daily. The refinery set up to refine 650,000 barrels of crude oil per day transforms crude oil into different usage of petroleum products such as diesel, gasoline, jet fuel, and kerosene. Buhari was received by the Governor of…
The Presidential Election Petition Court has dismissed the application by the Peoples Democratic Party and its presidential candidate, Atiku Abubakar to allow for live telecast of the court proceedings… Details later… Punch
Ahead of today’s ruling on the application for live transmission of the proceedings of the Presidential Election Petition Tribunal, the Peoples Democratic Party, Labour Party and the All Progressives Congress have disagreed over the need for the hearing to be broadcast by the media. The PDP and LP told correspondent on Sunday that the live telecast of the court sittings would remove any doubts about the transparency of the judiciary and promote fairness, but the APC argued that it would not advance the course of justice. The PDP and its presidential candidate, Atiku Abubakar, who came second behind the President-elect, Bola…
President Muhammadu Buhari says the new state-of-the-art Presidential/VIP Wing of the State House Medical Centre in Abuja will boost health infrastructure in the country by far, calling for the judicious use of the facility to maximize its benefits. The Presidential/VIP Wing of the State House Medical Centre, which was conceptualized by the previous administration eleven years ago, was officially unveiled by the President on Friday. Accompanied by the First Lady, Dr. Aisha Buhari, members of the first family, Senate President Ahmed Lawan, Chief of Staff Prof Ibrahim Gambari, and the Permanent Secretary of the State House, Tijjani Umar, the President…