News
Dangote Refinery Can Meet Only 36% Of Petrol Demand With 90,000 BPD Output
By Mario Deepromoter
Consulting firm Energy Aspects Ltd is forecasting about 90,000 barrels a day of petrol (PMS) production for the Dangote oil refinery in the fourth quarter of 2024.
At full output, the refinery is expected to be able to produce about 330,000 barrels a day (bpd) of petrol (about half of its capacity), according to Randy Hurburun, senior refinery analyst at consultancy Energy Aspects Ltd.
The 90,000 bpd output will be equivalent to about 36% of Nigeria’s 2023 demand.
Nigeria received close to 250,000 barrels a day in petrol imports last year, according to data from analytics firm Vortexa Ltd.
This means the Refinery will not solve the problem of fuel queues currently being experienced in the country.
Key to the plant’s gasoline output is a unit called a reformer, which produces blendstock for petrol. That’s started operating, with gasoline production expected to begin by the end of the week, Devakumar Edwin, Dangote Industries Ltd.’s vice president for oil and gas, said.
Key to raising output further is another unit called a residue fluid catalytic cracker.
The refinery will blend naphtha with reformate from the reformer to make gasoline that’s suitable for the west African market.
The President of Dangote Group, Aliko Dangote, this week presented the first sample of Premium Motor Spirit (PMS), commonly known as petrol.
Energy Aspects forecasts the refinery could increase petrol output to almost 250,000, but only by the second half of 2025.
Bishop Godwin Elim, the Senior Pastor at Live for Christ, aka Lifting Assembly in Abuja has said God’s Kingdom is the birthright of believers as this is not negotiable.
Naijablitznews reports Bishop Elim made this assertion on Saturday in his sermon drawing vivid examples from bible passages and real life examples.
This is part one of the series to run through the week.
Watch clip below;
The All Progressives Congress, APC has won all 20 Chairmanship and 236 Councillorship seats in the Ogun LG Polls.
Naijablitznews reports that the Ogun State Independent Electoral Commission (OGSIEC) on Sunday, declared all the 20 chairmanship candidates of the All Progressives Congress (APC) winners of Saturday’s local government elections conducted in the state.
The Chairman of the commission, Babatunde Osibodu also declared all 236 APC councillorship candidates as winners of the election while presenting the official results of the polls at the commission’s headquarters at Oke-Ilewo, Abeokuta, the state capital.
Osibodu said the ruling party, APC, emerged victorious across all the 20 local government areas and 236 wards in the state by polling a total of 613,156 votes cast in the exercise which witnessed major political parties like the Accord Party (AP), African Action Congress (AAC), African Democratic Congress (ADC), Action Democratic Party (ADP) and the All Progressives Congress (APC), participating.
Other political parties that participated in the exercise included the Allied Peoples Movement (APM), All Progressives Grand Alliance (APGA), Labour Party (LP), Peoples Democratic Party (PDP), Social Democratic Party (SDP), Young Progressive Party (YPP), Action People’s Party (APP), Action Alliance (AA), Boot Party (BP), People’s Redemption Party (PRP), National Rescue Movement (NRM) and Zenith Labour Party (ZLP).
The Independent National Electoral Commission (INEC) has declared Governor Lucky Aiyedatiwa as the winner of the guber election conducted in Ondo State on Saturday.
Aiyedatiwa, who is the candidate of the All Progressives Congress (APC) in the election.
He polled a total of 366,781 votes to defeat his closest rival in the election, Agboola Ajayi, who is the candidate of the People’s Democratic Party in the election.
The APC cleared all 18 local government areas.
While the PDP polled a total of 117,845 votes, the Labour Party (LP) polled 1,162 votes and the Zenith Labour Party (ZLP) polled 2,692 votes.
Prof Olayemi Akinwunmi announced the result of the Ondo governorship election at the State headquarters of INEC in Akure.
VIDEO: God’s kingdom is your birthright it’s not negotiable -Bishop Elim(Part 1)
BREAKING: APC Picks All 20 Chairmanship, 236 Councillorship Seats In Ogun LG Polls
BREAKING: INEC declares Aiyedatiwa of APC winner of Ondo guber election
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