Dangote Cement has initiated plans to open a multi-million naira skills acquisition centre to train Nigerian youths and facilitate industrialisation nationwide.

The Nigerian National Petroleum Company Limited, NNPCL, has authorised major petroleum marketers to commence lifting premium motor spirit, PMDS, otherwise known as petrol, from Dangote Petroleum Refinery under the existing agreement between it and the refinery.

Nigerian state oil firm NNPC Ltd on Monday increased the price of petrol by 11%, the second increase in two weeks and a day after it started purchasing the fuel from the giant Dangote oil refinery on the outskirts of Lagos.

The Executive Director of the Centre for the Promotion of Private Enterprise, Muda Yusuf, has said that the Nigerian National Petroleum Company Limited is frustrating Dangote Refinery with its recent petrol price hikes to sustain petrol importation in Nigeria.