news

Dangote Refinery to save Nigeria from Dirty fuels with Euro V specification

Published

6 years ago

October 31, 2018

Dangote Refinery Receives Its Maiden Crude Cargo

Dangote Oil Refinery Company (DORC) says the 650,000 barrels per day refinery has been designed to process a variety of light and medium grades of crude and produce extremely clean fuels that meet Euro V specification.

Sulphur in petroleum fuels results in vehicle exhaust emissions that have negative impact on health and environment. Nigeria has continued to remain a home for fuels with very high sulphur contents (dirty fuels), and the presumed ban on such products happens not to be having any effect.

Speaking on Promoting Efficiency & Clean Fuels in African Refining and Petrochemicals Market at the Oil Trading and Logistics (OTL) conference in Lagos on Tuesday, Dangote’s Group Executive Director, Devakumar Edwin, said
Dangote Refinery is investing in most advanced units to produce Euro V fuel due to help Nigeria meet the European Standard of gasoline.

Edwin, who was represented by Director Business Strategy & Optimization, Dangote Refinery, Mr. Srinivas Rachakonda said that the construction of the Refinery will provide thousands of direct and indirect jobs and add value to the Nigeria’s economic development.

He noted that the Refinery will lead to significant skills transfer and technology acquisition opportunities in the country.

He said the Group has embarked on a landmark integrated Refinery and Petrochemical project, regarded as the largest industrial complex in the history of Africa, which is expected to take Nigeria to new heights through transformation of the economy.

According to him, the Refinery will ensure that the security of local supply of petroleum products is guaranteed as well as the availability of petrochemical feedstock (Poly-propylene & Polyethylene), which will be enough for the Nigerian market as well as the neighboring countries. In addition to Polypropylene Polyethylene, the Refinery will also produce Carbon Black feedstock and Sulphur.

With a fast-growing population and poor infrastructure, he said the refinery will also reposition Nigeria as an attractive investment destination and a major industrial hub in Africa.

He disclosed that the company has also invested in the East West Offshore Gas Gathering System (EWOGGS) project, which is expected to unlock significant gas supply and help to reduce gas flaring in Nigeria. The first phase is expected to deliver gas for the use of Dangote Industries, including the proposed fertiliser plant in the refinery complex, and other identified industrial and power plant users.

Speaking during the session, former Executive Secretary of the Petroleum Product Pricing Regulatory Agency (PPPRA), Reginald Stanly, said Dangote Refinery is going to be a game changer for the entire African downstream industry.

He condemned the continuous importation of dirty fuel into the country. “Emission is the highest killer today in Nigeria. I commend Dangote Refinery for its decision to produce Euro V specification of gasoline. Dumping of toxic fuel in the country is not acceptable, the earlier they stop it, the better for us,” he added.

He urged Major Oil Marketers to retool their strategies to remain in business when Dangote refinery finally comes on stream.

Giving his welcome address, Chairman, OTL Africa Downstream, Mr. Emeka Akabogu, said recent market tendencies have shown appetite for some categories of investment in the downstream value chain.

Akabogu noted that there have been considerable investments in retail outlet development, marine logistics platforms and storage facilities across the country, while several refinery projects that aim to balance the discrepancy caused by inadequate refining capacity on the continent are currently underway.

He said other emerging developments, issues bordering on regulation of the industry and independence of the regulators themselves have also received the attention of stakeholders.

However, he added that policy development and implementation have not kept pace with the urgency of industry needs and the appetite of market operators.

Speaking on the impact of the conference, Akabogu stated: “This year’s event will further empower African oil and gas companies to harness the economic potential of the downstream sector in areas ranging from crude oil value addition to refining, to development of critical supply infrastructure across African States. Issues to be discussed include prospects for refining in Africa, finance for downstream trading and infrastructure projects, regional cooperation, mergers, takeovers and lots more. We will also see discussions on the sector’s disruptive influences, the rising profile and application of Liquefied Petroleum Gas (LPG) across the continent, as well as renewable energy”.

news

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

Published

1 day ago

December 21, 2024

Sahara Weekly

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

By Solanke Ayomideji Taiwo

In a heartfelt message, The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, has extended warm festive greetings to Christians in Abeokuta South, Ogun State, and across Nigeria as the nation embarks on the joyous celebration of Christmas.

Recognizing the significance of this time of year, Olopade emphasized the essence of unity, love, and gratitude that the Christmas season embodies. He urged citizens to reflect on the virtues of compassion and generosity, which are particularly vital in fostering peace and harmony in communities.

“Christmas is a time for joy, reflection, and togetherness. It reminds us of the values of love and kindness, which are fundamental to our social fabric,” said Olopade. “As we celebrate this festive season, let us remember those in need and extend a hand of support to one another.”

The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, acknowledged the challenges that many have faced over the past year, including economic hardships and social unrest, yet he expressed optimism for the future. “In the spirit of Christmas, let us embrace hope and look forward to a brighter tomorrow. Our unity and resilience can overcome any challenges we face.”

Olopade also highlighted the importance of sports in promoting peace and national unity, noting that the NSC is committed to fostering an inclusive environment where all Nigerians can participate in sports and recreational activities. He encouraged communities to engage in sports events during the festive period as a means to strengthen bonds and celebrate togetherness.

As part of his Christmas message, Olopade called on everyone to prioritize the welfare of others, particularly the less fortunate. He urged individuals and organizations to consider charitable acts that can uplift those in need during this season of giving.

In closing, Bar. Bukola Olopade wished all Nigerians a Merry Christmas filled with love, peace, and joy. He expressed hope that the spirit of the season would inspire a renewed commitment to community service and cooperation among citizens.

As the festivities continue, the Chairman’s message resonates with the values of compassion, unity, and hope, encouraging all to celebrate the true meaning of Christmas.

Business

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

Published

1 day ago

December 21, 2024

Sahara Weekly

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

religion

Prophecy for 2025: A Year of Vengeance, Harvest, and Divine Shifts By Pro. Kingsley Aitafo

Published

2 days ago

December 21, 2024

Sahara Weekly

Prophet Kingsley Aitafo's Prophecy Fulfilled: Alhaji Muyideen Bello Passes Away

Prophecy for 2025: A Year of Vengeance, Harvest, and Divine Shifts By Pro. Kingsley Aitafo

Sahara Weekly Reports That Prophet Kingsley Aitafo, under the grace and spiritual leadership of His Eminence Rev. Pastor Samuel Belehou Oshoffa, founder of the Celestial Church of Christ, has unveiled 25 prophecies for the year 2025. These revelations call for vigilance, prayer, and alignment with divine purpose. Below is the detailed list of the prophecies:

1. A Year of Divine Justice

2025 will be a year of vengeance upon the wicked and a season of abundant harvest for the righteous. This is a time for reflection and spiritual alignment.

2. Weather Disasters to Pray Against

The world must unite in prayers against severe weather disasters, including excessive winds, water overflow, floods, earthquakes, and tsunamis. These natural calamities threaten to disrupt lives and properties globally.

3. A Major Technological Advancement

WhatsApp is predicted to receive a significant upgrade, potentially integrating email functionalities. This innovation will redefine digital communication.

4. Nigeria’s National Football Team

The Nigerian national football team should be prayed for, as a painful defeat could occur.

5. A Great Man of God in Danger

One of the most celebrated men of God is at risk of sudden death. Prayers are needed to avert this tragedy.

6. Sunday Igboho

The activist should be prayed for to avoid heart-touching news that could cause widespread concern.

7. Nnamdi Kanu

Freedom is within reach for Nnamdi Kanu, but prayers are needed to ensure he lives to see it.

8. Fire Disasters Worldwide

Serious fire disasters are foreseen and must be prayed against to protect lives and properties globally.

9. NYSC and PHCN Reforms

The National Youth Service Corps (NYSC) and the Power Holding Company of Nigeria (PHCN) will be empowered and reshuffled for greater effectiveness.

10. Global Police Forces

The police worldwide are warned of potential brutal revolts from the masses. Prayers are needed to prevent such events.

11. African Nations and Coups

Several African countries are advised to pray against unexpected coup plots.

12. Goodluck Jonathan’s Political Path

Former President Goodluck Jonathan is encouraged to follow God’s leading and refrain from contesting future elections.

13. Changes in EFCC

The Economic and Financial Crimes Commission (EFCC) will be more empowered, but significant transformations will occur within the agency.

14. Passing of Aged Leaders

Several aged ex-presidents, traditional rulers, and military leaders will pass on in 2025.

15. New Religious Leaders

New leaders will emerge in white garment denominations and the Catholic Church, marking significant transitions.

16. Churches in Danger of Scandals

Great churches like RCCG, Winners Chapel, Christ Embassy, Mountain of Fire, and COZA are urged to pray against confusion and scandals that could lead to divisions.

17. Exposure of False Churches

Churches that operate under the guise of Christ without genuine faith will be exposed.

18. Protection of Yoruba Entertainers

Yoruba actors and actresses should pray against strange illnesses, while English-speaking entertainers must pray against sudden deaths.

19. Plane Crashes

A major plane crash could occur, causing widespread pain. Prayers are needed to prevent this disaster.

20. National Unity in Nigeria

Despite ongoing agitations, Nigeria will remain undivided.

21. The Monarch and Pope’s Seat

Prayers are required to prevent sudden vacancies in the monarchy of England and the papal seat.

22. Deadly Disease and Global Conflict

A new, more deadly ailment than COVID-19 and the potential of a mini-war loom on the horizon. The world must unite in prayer to avert these crises.

23. Rising of True Last-Day Churches

The emergence of last-day churches will bring forth spiritual giants and miraculous powers reminiscent of the apostles of old.

24. Business Tycoons in Nigeria

Successful Nigerian business magnates should seek divine protection against untimely death.

25. Christ’s Return is Near

Finally, Prophet Kingsley reminds the world that the return of Jesus Christ is near. Embracing holiness and righteousness is the only path to prepare for His coming.

Prophet Kingsley’s prophecies serve as a divine reminder for individuals, nations, and institutions to seek God’s guidance and protection. Let 2025 be a year of faith, reflection, and readiness for what lies ahead.

Let us watch, pray, and align with God’s will.