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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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Explosion kills 9 in Maiduguri

Police in Borno said nine persons were killed on Tuesday in Maiduguri in a vehicle explosion. Spokesman of the command, Mr Victor Isuku, said in a statement that the dead were all in the vehicle when it exploded. Isuku said that the incident occurred at about 10.30 a.m. near a military checkpoint along Gubio road in the metropolis. “There was an explosion today along Gubio road just before the military check point. The incident occurred at about 10.30 a.m. “According to preliminary report, a pick-up van with nine persons on board emerged from a bush path to join the road to Gubio town, when it exploded, killing all the persons,” Isuku said. He added that details of the incident would be released after due investigation.


(vanguardngr.)

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