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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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Fire ravages stores at Dangote Flour Mills in Lagos

Stores and goods at Dangote Flour Mills Ogolonto Ipakodo, Ikorodu, were lost to fire Thursday afternoon.

The fire which raged for hours affected the company’s store house, destroying cartons of goods, as well  asbrand wrappers.

The Lagos State Emergency Management Agency (LASEMA) disclosed that the agency received a distress call on Thursday at about 2.10 p.m. concerning a fire outbreak at the Dangote Flour Mills.

It was gathered that upon receipt of the distress call, the agency activated its emergency response plan and mobilised its team to the scene.

The agency, Metro learnt coordinated rescue and recovery operations in collaboration with Lagos State Fire Services, NPA fire services, dangote fire service department, NSCDC, NEMA, as well as the Nigeria Police.

Metro also gathered that no casualty was recorded and that the swift response of the emergency responders  culminated in the salvaging of other buildings and the factory.

Tribune

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