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Dangote Refinery Begins Production Of Diesel, Aviation Fuel

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  • Products To Hit The Market This Month

The Dangote Petroleum Refinery has finally commenced production of diesel and aviation fuel.

According to The Cable, a source said that the largest single-train refinery in the world began production in the early hours of Friday.

The development comes days after the refinery received its sixth one million barrels of crude cargo required for the commencement of operations.

In a statement further confirming the start of production, Aliko Dangote, president of Dangote Group, thanked President Bola Ahmed Tinubu “for his support, encouragement, and thoughtful advice towards the actualisation of this project”.

The billionaire also thanked the Nigerian National Petroleum Company (NNPC ) Limited, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and Nigerians for their support and belief in the historic project.

He also said the products would hit the market within the month after all regulatory approvals are received.

“We thank President Bola Tinubu for his support and for making our dream come true. This production, as witnessed today, would not have been possible without his visionary leadership and prompt attention to details,” Dangote was quoted as saying.

“His intervention at various stages cleared all impediments thereby accelerating the actualisation of the project. We also thank the NNPC, NUPRC and NMDPRA  for their support. These organisations have been our dependable partners in this historic journey.

“We also thank Nigerians for their belief and support in this project. We have started the production of diesel and aviation fuel, and the products will be in the market within this month once we receive regulatory approvals.”

“This is a big day for Nigeria. We are delighted to have reached this significant milestone. This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. This is a game changer for our country, and I am very fulfilled with the actualisation of this project.”

Five shipments of crude had earlier been delivered by the Nigerian National Petroleum Company (NNPC) Limited to the refinery.

On December 8, 2023, the Dangote plant received its maiden one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO).

The refinery, on December 20, 2023, received the second phase of its crude feedstock from the NNPC, with the third shipment of one million barrels of crude oil feedstock from STASCO received on December 29, 2023.

The NNPC also supplied the refinery with its fourth and fifth crude shipment respectively on January 1 and 5, 2024.

Akin Omole, managing director of Dangote Ports Operations, had told journalists at the Dangote quay in Ibeju-Lekki, Lagos, that the receipt of six million barrels of crude would “facilitate the initial run of the refinery as well as kick-start the production of diesel, aviation fuel, and Liquefied Petroleum Gas (LPG) before subsequently progressing to the production of Premium Motor Spirit (PMS)”.

The 650,000 bpd capacity refinery was inaugurated by former President Muhammadu Buhari in May 2023.

According to the statement, the refinery can load 2,900 trucks a day at its truck-loading gantries, and its products will conform to Euro V specifications.

Aliko Dangote had said the refinery has secured a license to refine more than 300,000 barrels of crude per day.

Meanwhile, the NNPC, had in August 2021, acquired a 20 percent minority equity stake in the refinery.

BIG STORY

US Decides: Trump Claims Victory Over Harris In Presidential Election, Says We’ve Taken US Back

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Donald Trump declared victory and promised to “heal” the country as results placed him on the brink of defeating Kamala Harris in a dramatic White House comeback.

His triumphant speech came despite Fox News being the only network to declare him the winner, with no other US outlets having made a call at that point.

As ecstatic supporters cheered and chanted “USA,” Trump took the stage at his campaign headquarters in Florida, joined by his wife Melania and several of his children.

“We are going to help our country heal,” the Republican former president said.

“It’s a political victory that our country has never seen before.”

US networks had called Pennsylvania, Georgia, and North Carolina for the 78-year-old, while Trump led Harris in several other states, although those hadn’t been officially decided yet.

A sense of gloom quickly enveloped Harris’s camp.

“You won’t hear from the vice president tonight but you will hear from her tomorrow,” Cedric Richmond, Harris’s campaign co-chair, told a watch party in Washington as supporters began to leave.

In another setback for Democrats, Trump’s Republican Party also gained control of the Senate, flipping two seats and overturning a narrow Democratic majority.

A Trump win could send shockwaves across the globe, as US allies in Europe and Asia fear a return to his nationalist policies and his praise for autocrats like Russia’s Vladimir Putin.

However, the US dollar surged, bitcoin hit a record high, and most equity markets saw gains as traders predicted a Trump victory as the results came in.

For weeks, polls had shown a razor-tight race between Harris and Trump, who would become the oldest president in history at the time of his inauguration, the first felon president, and only the second in history to serve non-consecutive terms.

Trump is also facing sentencing in a criminal case over hush money payments on November 26, while the controversy over his refusal to accept his 2020 election defeat to Joe Biden continues to loom.

But in the end, victory came surprisingly quickly.

The mood shifted sharply at Harris’s watch party at Howard University, her alma mater and a historically Black college in Washington, as the results poured in.

“I am scared,” said Charlyn Anderson. “I am anxious now. I am leaving, my legs can barely move.”

Meanwhile, the celebrations grew more intense at Trump’s Mar-a-Lago resort in Florida and at the watch party nearby.

Tech mogul Elon Musk, who has supported Trump and is poised to lead a government efficiency commission under him, posted a picture of himself with the Republican.

“Game, set and match,” Musk said on X, the social media platform he owns alongside the Tesla electric vehicle company and SpaceX.

Millions of Americans had lined up to vote throughout Election Day, with many more casting early ballots, in a race with profound consequences for both the United States and the world.

Voters were deciding whether to hand Trump a historic comeback or make Harris the first woman to hold the world’s most powerful position.

In a stark reminder of the tension — and the fear of potential violence — dozens of bomb threats were made against polling stations in Georgia and Pennsylvania.

The FBI stated that the threats appeared to originate from Russia, which the US has accused of attempting to interfere in the election. Though all the threats were hoaxes, they caused significant disruption.

Harris, 60, had hoped to become the second Black president and the first of South Asian descent.

Her entrance into the race had been dramatic, coming after Joe Biden dropped out in July, while Trump — who was impeached twice during his presidency — had endured two assassination attempts and a criminal conviction.

She focused her campaign on portraying Trump as a threat to democracy and firmly opposed his stance on abortion bans.

Trump, for his part, vowed to launch an unprecedented deportation campaign targeting millions of undocumented immigrants, speaking in a campaign steeped in dark rhetoric.

The election was closely watched worldwide, especially in war zones like Ukraine and the Middle East. Trump has suggested he would cut aid to Ukraine in its fight against Russia’s invasion.

 

Credit: AFP

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BIG STORY

BREAKING: Chief Of Army Staff Lt. General Taoreed Lagbaja Dies At 56

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, has announced the death of Lt. General Taoreed Abiodun Lagbaja, Chief of the Army Staff.

Lagbaja died at the age of 56.

According to a statement issued by the Special Adviser to the President, Information and Strategy, Bayo Onanuga, he passed away on Tuesday night in Lagos after a period of illness.

“Born on February 28, 1968, Lt. General Lagbaja was appointed Chief of Army Staff on June 19, 2023, by President Tinubu.

“His distinguished military career began when he enrolled in the Nigerian Defence Academy in 1987. On September 19, 1992, he was commissioned as a Second Lieutenant in the Nigerian Infantry Corps as a member of the 39th Regular Course.

“Throughout his service, Lt. General Lagbaja demonstrated exceptional leadership and commitment, serving as a platoon commander in the 93 Battalion and the 72 Special Forces Battalion.

“He played pivotal roles in numerous internal security operations, including Operation ZAKI in Benue State, Lafiya Dole in Borno, Udoka in Southeast Nigeria, and Operation Forest Sanity across Kaduna and Niger States.

“An alumnus of the prestigious U.S. Army War College, he earned a Master’s degree in Strategic Studies, demonstrating his dedication to professional growth and excellence in military leadership.

“Lt. General Lagbaja is survived by his beloved wife, Mariya, and their two children.

“President Tinubu expresses his heartfelt condolences to the family and the Nigerian Armed Forces during this difficult time. He wishes Lt. General Lagbaja eternal peace and honors his significant contributions to the nation,” the statement added.

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BIG STORY

SPORT: Madrid Eye Ademola Lookman As Vinicius’ Replacement

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Spanish giants Real Madrid have entered the race for in-form Ademola Lookman, with the UEFA Champions League holders keen to bring the Nigerian to Santiago Bernabéu as a potential replacement for “Vinicius Junior.”

Lookman has been in scintillating form since joining Atalanta from RB Leipzig in 2022 for €9.35m plus bonuses, netting 39 goals and providing 23 assists in 90 competitive appearances for the Italian side, and has attracted the interest of several top European clubs.

The 27-year-old came close to joining Paris Saint-Germain in August, with “Sports Zone” reporting that he had reached a personal agreement with the French giants.

Last season, Lookman played 45 matches, scoring 17 goals and recording 10 assists. His standout moment came in the UEFA Europa League final against Bayer Leverkusen, where he netted a brilliant hat-trick to secure the trophy for Atalanta.

He has shown no signs of slowing down this season, contributing seven goals and five assists from 12 appearances.

Though Atalanta managed to retain the Nigerian during the summer transfer window, they could soon be forced to cash in on him, with several top clubs competing for his signature following another stellar season.

Madrid are preparing for the possible departure of their star forward “Vinicius,” with Al-Hilal reportedly planning a record-breaking €300m bid for the Brazilian, a transfer fee that could surpass Neymar’s €222m move to Paris Saint-Germain from Barcelona in 2017.

According to Spanish outlet “Fichajes” via “El Futbolero,” the Saudi Pro League club are eyeing “Vinicius” as a marquee signing and potential replacement for Neymar, who could depart Al-Hilal by season’s end.

Los Blancos have turned their attention to Lookman as a strong candidate to fill the void should the deal for the Brazilian go through.

“Faced with uncertainty over ‘Vinícius Jr.’s’ contract renewal, the Merengues have set their sights on a promising Serie A talent. Ademola Lookman, a winger for Atalanta, has emerged as one of the main options to take the Brazilian’s place should he decide to leave the Santiago Bernabéu,” the website wrote.

“Lookman’s qualities make him an ideal candidate to strengthen Real Madrid’s attack. His versatility to play on both wings, his speed, and his dribbling ability make him an extremely dangerous player in one-on-one situations. In addition, his ability to link up with his teammates and create dangerous plays makes him a perfect complement to Carlo Ancelotti’s style of play.”

According to Transfermarkt, the Nigerian is valued at €60m, a fee Madrid will have no problem paying.

At the recent Ballon d’Or Ceremony in Paris, Lookman was ranked 14th best player in the world and is also considered the favourite for the 2024 CAF Men’s Player of the Year award.

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