• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, May 15, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Dangote Denies Crude Oil Resale Report

by Nafisat Abdulrahman
10 months ago
in Business
The Dangote Refinery is owned by Dangote, Africa's wealthiest man

The Dangote Refinery is owned by Dangote, Africa's wealthiest man

Share on WhatsAppShare on FacebookShare on XTelegram

Dangote Industries Limited (DIL) has debunked reports suggesting that Dangote Refinery was reselling crude oil because its crude distillation unit (CDU) was faulty.

Advertisement

But, in a press release dated Saturday, July 27, 2024, and signed by the Group Chief, Branding and Communication Officer, Anthony Chiejina, the company addressed and refuted the allegations.

The statement read: “Our attention has been drawn to a misleading report suggesting that our refinery’s crude distillation unit (CDU) is experiencing issues and that we are reselling crude oil.”

dangote

Dangote Industries emphasised the operational efficiency and full functionality of Refinery’s CDU, stating unequivocally: “We categorically deny these claims. The Dangote Refinery is not authorised to sell crude oil purchased from Nigeria, and our CDU is fully operational and functioning optimally.”

RELATED

NSC Holds Maritime Seminar For Judges

Shippers’ Council Automates Processes, Saves FG N31bn In 6 Months

1 hour ago
itel Solar Energy Opens First Customer Experience Centre In Lagos Market

itel Solar Energy Opens First Customer Experience Centre In Lagos Market

8 hours ago

The company further urged the public to dismiss the “false narratives,” which they attributed to interests opposing the local refining of fuels. “We advise the public to disregard these false narratives, which are likely driven by interests opposed to the local refining of fuels,” the statement added.

LEADERSHIP recalls that Reuters had on Friday evening reported that the Dangote Petroleum Refinery was reselling crude oil cargoes from both the United States and Nigeria. Reuters sources suggested that the alleged resale of crude oil was due to technical challenges at the refinery, a claim Dangote Industries has now categorically denied.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: Dangote Refinery
SendShareTweetShare
Previous Post

Daniel Bwala’s Allegation Against Me To Curry Favour From Tinubu — Ndume

Next Post

Ekiti Elders Seek Release Of Kidnapped Ex-Varsity DVC

Nafisat Abdulrahman

Nafisat Abdulrahman

I am a dedicated reporter at Leadership Newspaper, where I bring a keen eye for detail and a passion for storytelling to a diverse range of topics, including business, sports, politics, and international affairs. My work aims to provide readers with accurate, timely, and engaging reports that break down the complexities of current events. From covering high-profile political shifts and court cases to exploring the latest in economic developments and sporting events, I strive to offer insightful and comprehensive coverage. My stories include in-depth analyses of economic trends, detailed political reports, and human interest pieces that highlight significant global and local events. I am committed to delivering news that informs and fosters a deeper understanding of the issues shaping our world. My goal is to engage readers with well-researched and thought-provoking content

You May Like

NSC Holds Maritime Seminar For Judges
Business

Shippers’ Council Automates Processes, Saves FG N31bn In 6 Months

2025/05/15
itel Solar Energy Opens First Customer Experience Centre In Lagos Market
Business

itel Solar Energy Opens First Customer Experience Centre In Lagos Market

2025/05/14
Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024
Business

Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024

2025/05/14
NRC Suspends Rail Services ln Delta
Business

Vandalism: NRC Averts Train Accident Along Warri-Itakpe Railway Corridor

2025/05/14
External Reserves Dip 6.5% YTD On Debt Servicing, Dollar Sales
Business

External Reserves Dip 6.5% YTD On Debt Servicing, Dollar Sales

2025/05/14
CBN Reassures Public On Bank Deposit Safety, Dismisses Licence Revocation Fears
Business

CBN Unveils Non-resident BVN Platform, Targets $1bn Monthly Diaspora Remittance

2025/05/14
Leadership Conference advertisement

LATEST

Varsity Confirms Student’s Death

Violators Of Federal Character Principle Will Be Unmasked – Senate

Nigerian Researcher Lauded For Transforming Global Academic Landscape

Lassa Fever: Experts Raise Concerns As Suspected Cases Reach 4, 881 With 138 Deaths

No Place For Military Incursion In Nigeria – Gowon

Customs Generates N847m, Intercepts Hard Drugs, Foreign Currencies At Seme Border

Shippers’ Council Automates Processes, Saves FG N31bn In 6 Months

TETFund: Reimagining Student Housing In Tertiary Institutions

IEDPU Skills Acquisition Project Reaches 80% Completion

Innovation: Commissioner Hails Kwara Polytechnic

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.