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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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Buhari, Niger Delta stakeholders, Govs in crucial meeting



Jonathan, Tompolo, Asari-Dokubu absent


ABUJA-A crucial meeting between President Muhammadu Buhari and Niger Delta stakeholders is currently underway in Abuja. Holding at the Council Chambers of the Presidential Villa, Abuja, the meeting parades the crème de la crème in the Niger Delta region consisting of 9 States namely Ondo, Delta, Bayelsa, Rivers, Edo, Cross Rivers, Imo, Akwa Ibom and Abia. Vice President Yemi Osinbajo as well as governors of Bayelsa, Delta, Imo, Akwa Ibom, Edo, Cross River are in attendance. Also, the secretary to Government of the Federation, SGF, Engr. Lawal Babachair and a handful of other cabinet members are present. The Service Chiefs as well as a critical bunch from the National Assembly are also present. Amongst the stakeholders from Niger Delta included Chief Edwin Clarke, His Royal Majesty, Chief Diette Spiff, former governor of Cross River, Donald Duke, former governor of Akwa Ibom, Obong Victor Atta, Ankio Briggs, Alabo Graham Douglas, Timi Alaibe, Mr. Nduka Ogbegbena and a host of others. However, former President Goodluck Jonathan, a frontline stakeholder from the region was not present at the meeting, so also Mujahid Dokubo-Asari and Tompolo. However, it was not known whether they were invited to the meeting. It will be recalled that Niger Delta region had been in rife with untoward activities of militants which had greatly affected oil production, unarguably the mainstay of the nation’s economy. It is expected that the meeting would discuss the issues and similar ones especially the bombing of oil and gas installations in the area as Journalists await the details.

(vanguardngr)

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