Oil and Gas

A feud between Nigerian billionaire and Africa’s richest man, Aliko Dangote, and the head of the country’s midstream and downstream petroleum regulatory body, the NMDPRA, Farouk Ahmed, finally resulted in the resignation of the NMDPRA boss and another senior colleague. The President’s office announced the resignation of both officials in a press release, following allegations…

Africa’s largest oil refinery has become a battleground for Nigeria’s deepening labour tensions. The $20 billion Dangote Petroleum Refinery, which has been operational since early 2024 and capable of processing 650,000 barrels per day, was hailed as a panacea for the country’s chronic fuel import woes. Currently, it stands besieged, not by market forces, but…