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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

JAMB scraps use of scratch cards     


…begs NASS to suspend amendment

The Joint Admissions and Matriculation Board has scrapped the use of scratch cards in any of its transactions and services, describing it as “archaic”, its Registrar/Chief Executive, Prof. Is-haq Oloyede, has announced.

He also demanded that the Federal Government should revert to the former system where serving Vice Chancellors of Universities were made chairmen of the Governing Board of JAMB.

A statement issued by the Spokesperson of JAMB, Dr. Fabian Benjamin, obtained by THE PUNCH on Sunday, said, Oloyede made the announcement in Abuja in a paper he delivered during a meeting of the Association of Vice Chancellors of Nigerian Universities.

According to him, JAMB would be using the platform of pin vending to check all forms of fraudulent practices which was prevalent with the use of scratch cards.

“The decision is as a result of its consistent subjection to fraudulent practices, the use of scratch cards is archaic and it is the drive by JAMB to also promote accountability in line with government’s zero tolerance for corruption. This new system will be accessible through the options of web payment, ATM issued cards (Visa, verve and Mastercard), online quick teller, ATM payment, quick teller mobile application and Bank Branch case/card”, he said.

Oloyede said years ago, the understanding was that only serving Vice-Chancellors were made chairmen of Governing Board of JAMB.

While appealing that government should go back to the practice from inception, Oloyede added that since the agency is a creation of the Committee of Vice-Chancellors, it would only be proper for them to be clearly recognised as active stakeholders to avoid any acrimony between tertiary institutions and JAMB.

He believed that going back to the old practices would “engender good synergies and harmonious relationship with a view to effectively delivering on its mandates.”

Oloyede recalled that for almost two decades, specifically between 1977 and 1993, only serving Vice-Chancellors were made Chairmen of the Board of JAMB, from Prof Oladipo Akinkugbe, VC University of Ilorin; Prof Donald E.U Ekong, VC University of Port Harcourt; Prof Adamu Baike, VC University of Benin; Prof Mahdi Adamu, VC University of Sokoto and Prof Isa Mohammed, VC University of Abuja.

He said, “This practice which promoted harmony and quality inputs on the Board’s matriculation activities have since been forgotten or neglected. The appointment of the chairman of the Board could be restricted to only heads of tertiary institutions in Nigeria perhaps in rotational basis among the Vice-Chancellor of Universities, Rectors of Polytechnics, Monotechnics and Provosts of Colleges of Education.


By punchngr

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