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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...
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China-bound man ingests 74 wraps of cocaine

A 47-year-old father of five, who was arrested by officials of National Drug Law Enforcement Agency, NDLEA, for ingesting 74 wraps of cocaine weighing 1.417kg, has blamed his action on the economic recession.

The suspect, Adibe Wisdom, was arrested during outward screening of passengers on an Ethiopian airline flight to China, at the Akanu Ibiam International Airport, Enugu State.

The Imo State-born suspect, according to the NDLEA Commander at the Enugu Airport, Adeofe Adeyemi, said that he was tempted to take the risk, following an offer of $5,000.

Describing his arrest as unfortunate, Adibe said, “financial hardship and bad economy forced me into drug trafficking. I am a clearing and forwarding agent, but business has been bad, as we no longer get containers to clear as we used to.

“When this offer came, I accepted because my sponsor promised to pay me $5,000 to take the drug to China. Considering the high exchange rate and the need to feed my family, I accepted. But I was arrested by NDLEA officials while boarding the aircraft.”

Chairman/Chief Executive of the agency, Muhammad Mustapha, who noted that the offence of drug trafficking in China was punishable by death, disclosed that a second suspect was also arrested while on the verge of looking for a passenger to hand over some drugs concealed in noodles packs.

Mustapha called on members of the public, particularly passengers, not to collect packages from people at the airport.



Source;Vanguard

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