The Nigerian Content Development and Monitoring Board (NCDMB) says it will commence a joint industry-wide audit of in-country manufacturing and service capacities in the third quarter of 2026. The move, according to the agency, is designed to eliminate ...
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Biztellers | Nigeria’s fastest-growing online business news medium

NCDMB to Audit Oil & Gas Firms, Eliminate ‘Briefcase’ Contractors

The Nigerian Content Development and Monitoring Board (NCDMB) says it will commence a joint industry-wide audit of in-country manufacturing and service capacities in the third quarter of 2026.

The move, according to the agency, is designed to eliminate intermediaries from Nigeria’s oil and gas...

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DPRP’s Import Licenses Suit against FG Suffers Setback

The petition filed by the Dangote Petroleum Refinery and Petrochemicals (DPRP) against the Federal Government over the issuance of fuel import licences to some petroleum marketers has suffered a setback because of the absence of the presiding judge, Justice Chukwujekwu Aneke of the Federal High...

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FG Pressures Dangote, Marketers to Cut Depot Prices

Consumers seem to be getting their wish as Nigeria's downstream petroleum market witnessed another round of price reductions on Monday, as the Federal Government’s pressure on the relevant stakeholder-segment bore fruits.

Biztellers reports that the Dangote Petroleum Refinery & Petrochemical...

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Fashola Gives Self Credit for Luring DPRP to Lagos with Land Allocation

A former Governor of Lagos State, Babatunde Fashola (SAN), has claimed that the state government deliberately discounted the price of land allocated to the Dangote Group to ensure that the multi-billion-dollar refinery project was sited in Lagos.

According to Fashola, the decision made by his...

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Dangote Beats US, Ships N757bn Jet Fuel to Europe – Report

Dangote Petroleum Refinery exported about 466,000 metric tonnes of jet fuel to Europe in June, valued at an estimated N757bn, overtaking shipments from the United States and others.

This is as Nigerian jet fuel exports to the continent reached their highest level since the country became a net...

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