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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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Nobel Peace Prize 2016: Colombia's Santos named winner

Colombian President Juan Manuel Santos won the Nobel Peace Prize in a competitive year with a record 376 candidates vying for the award.

The five-member Norwegian committee announced its decision on Friday, the only one of six Nobel awards to be presented in Oslo and the one which traditionally garners the greatest attention.

The prestigious prize was wide open this year, according to experts, with varying predictions on what the judges would decide.

Of the 376 candidates, 228 were individuals and 148 were organisations. The previous record was set in 2014, with 278 nominations.

Santos beat competition from individuals and groups including: Pope Francis; The Syrian White Helmets; German Chancellor Angela Merkel; doctor Denis Mukwege, Jean Nacatche Banyere, Jeannette Kahindo Bindu - a DRC group working with survivors of sexual violence; Russian activist Svetlana Gannushkina; the people who negotiated the Iranian nuclear deal; whistleblower Edward Snowden; and Greek islanders who work to help refugees when they arrive from perilous journeys across the Mediterranean.

Underlining the difficulty of predicting the winner, last year's prize went to four Tunisian groups who were instrumental in the country's transition to democracy - none of whom had been mentioned in any of the pre-announcement speculation.

Santos joins a list of 129 Nobel Peace Prize Laureates including US President Theodore Roosevelt; three-time recipient International Committee of the Red Cross; US civil rights leader Martin Luther King Jr; South African President Nelson Mandela and Yemeni activist Tawakkul Karman.

The prize was first awarded in 1901.

Source;Aljazeera.com

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