RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

NUPENG Hails Dangote Refinery as a Monumental Achievement

Akpan Edidong by Akpan Edidong
September 5, 2024
in Economy
Reading Time: 1 min read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has applauded the commencement of production at the Dangote Refinery, describing it as a historic milestone for Nigeria’s energy sector and economy. In a letter addressed to Alhaji Aliko Dangote, President and CEO of the Dangote Group, NUPENG praised the refinery’s production of Premium Motor Spirit (PMS), commonly known as petrol, as a major step towards the nation’s energy independence.

The union, represented by its General Secretary, Afolabi Olawale, expressed pride in the refinery’s success, emphasizing the numerous benefits it will bring, particularly in terms of employment opportunities, economic growth, and prosperity for Nigeria. NUPENG also acknowledged the refinery’s potential to boost Africa’s overall development.

AlsoRead

Dangote Refinery’s Dominance Sparks Monopoly Concerns in Nigeria’s N14.4tn Petrol Market

CBN Mandates AI-Powered AML Systems for Banks and Fintechs in Landmark Guidelines

NGX Dips as Profit-Taking Wipes Out N107bn in Market Value

In their congratulatory message, NUPENG highlighted the significance of this achievement, noting that the refinery is the world’s largest single-train petroleum refinery and petrochemical plant. They commended Aliko Dangote’s visionary leadership, courage, and determination in bringing this ambitious project to life, recognizing the hard work and dedication that went into its realization.

NUPENG also expressed its commitment to supporting the refinery’s progress, noting the importance of standing against any attempts by economic saboteurs to undermine this monumental success. The union reiterated its willingness to collaborate with Dangote Refinery to ensure the long-term growth and sustainability of Nigeria’s oil and gas industry.

The union concluded by extending its best wishes for continued success to Aliko Dangote and his team, emphasizing the lasting impact the refinery will have on the nation’s industrialization and socio-economic development.

NUPENG’s statement reflects the broad anticipation and optimism surrounding the refinery’s potential to transform Nigeria’s energy landscape and enhance economic stability.

Tags: Aliko DangoteDangote RefineryNUPENG
Previous Post

CBN Set to Adjust Customs Exchange Rate as Naira Hits 6-Month Low

Next Post

Naira Hits Six-Month Low, Trading at N1,625.88 per Dollar

Related News

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery’s Dominance Sparks Monopoly Concerns in Nigeria’s N14.4tn Petrol Market

by Akpan Edidong
March 12, 2026
0

Energy experts, economists, and industry stakeholders are sounding the alarm over the Federal Government's suspension of petrol import licences, which...

CBN’s Recapitalization Budget of $1 Trillion Sparks Debate Among Industry Stakeholders

CBN Mandates AI-Powered AML Systems for Banks and Fintechs in Landmark Guidelines

by Stephen Akudike
March 12, 2026
0

Nigeria's Central Bank (CBN) has taken a historic step by formally incorporating artificial intelligence and machine learning into its anti-money...

Nigeria Market Highlights: Japaul Gold Ventures Leads Most Active Gainers, FCMB Surges By 7.03%

NGX Dips as Profit-Taking Wipes Out N107bn in Market Value

by Jide Omodele
March 12, 2026
0

The Nigerian Exchange (NGX) extended its cautious tone on Wednesday, with the All-Share Index (ASI) slipping 0.09% to close at...

FCMB Group Plc Reports Remarkable 108% Year-on-Year Profit Growth in 9M 2023

FCMB Group Completes N500bn Recapitalisation, Secures International Banking Licence

by Stephen Akudike
March 10, 2026
0

FCMB Group Plc has successfully met the Central Bank of Nigeria's (CBN) revised minimum capital requirement of N500 billion for...

Next Post
Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

Naira Hits Six-Month Low, Trading at N1,625.88 per Dollar

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery’s Dominance Sparks Monopoly Concerns in Nigeria’s N14.4tn Petrol Market

March 12, 2026
CBN’s Recapitalization Budget of $1 Trillion Sparks Debate Among Industry Stakeholders

CBN Mandates AI-Powered AML Systems for Banks and Fintechs in Landmark Guidelines

March 12, 2026

Popular Story

  • Naira appreciates to N750/$ in the parallel market.

    Naira depreciates to N762/$ in the parallel market.

    0 shares
    Share 0 Tweet 0
  • Fidelity Bank Shares Drop by N14.4 Billion Amidst Capital Raise

    0 shares
    Share 0 Tweet 0
  • List of 28 Companies Benefiting from the CBN’s N23.2 billion loan

    0 shares
    Share 0 Tweet 0
  • Amazon Became Hedge Fund Favorite Just Before Shares Tumbled

    0 shares
    Share 0 Tweet 0
  • Alibaba breaks sales record on Singles Day

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>