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Marketers Will Pay Naira for Dangote Fuel -IPMAN

Aliko Dangote Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday. Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators had continued to register with the plant. It was further gathered that officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority were meeting with the management of the refinery to perfect the pricing template for products produced by the facility. On January 12, 2023, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel. The President, Dangote Group, Aliko Dangote, had in a statement issued by the firm, said, “We have started the production of diesel and aviation fuel, and the products will be in the market within this mon

Boko Haram region could become world’s worst crisis – UN

Without more donor support the emergency caused by Boko Haram will become the world’s worst humanitarian crisis, a top UN official said Friday, as a massive appeal remained just a quarter funded.
United Nations assistant secretary general Toby Lanzer said the suffering in northeast Nigeria and surrounding areas was the worst he had ever witnessed.
“I have worked in Darfur,” Lanzer told reporters, referring to the war-torn Sudanese region. “The scale and the depth of suffering that I have seen (in Nigeria) is unparalleled in my experience.”
Nigeria-born Islamist group Boko Haram has waged a brutal insurgency in the country’s northeast, with violence spreading more recently to western Cameroon as well as the south of Chad and Niger.
The UN has appealed for a $739 million to cover needs across the entire affected region — known as the Lake Chad Basin — but has received commitments for just $197 million (176 million euros).
“If we don’t engage in a much more comprehensive manner, including scaling up our emergency relief programmes, what awaits us down the line is the biggest crisis facing any of us, anywhere,” Lanzer said.
More than nine million people are in “desperate” need of aid, Lanzer said.
The United Nations had not declared a famine in the Lake Chad Basin, but Lanzer warned that 65,000 people were living in “famine-like conditions”.
The UN has also said that up to 80,000 children in the region could die if they do not get food aid within the next year.
When Boko Haram violence was at its peak through 2013 and 2014, the UN and other aid groups were unaware of the gravity of needs because access to conflict-ridden areas was largely impossible.
Nigeria’s military has since made gains against the extremists and emergency workers have moved in, unveiling a catastrophe unrivalled “anywhere except that of Syria,” Lanzer said, warning the Lake Chad could overtake Syria in terms of the scale of the needs.
The Boko Haram conflict, which began in northeast Nigeria in 2009, has displaced an estimated 2.6 million people.
At least 20,000 have died in violence blamed on the Islamists, but the numbers killed by causes linked to the conflict are likely much higher.

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