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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

348 dead in Indonesia earthquake



Indonesia earthquake
Photo: BBC

Strong aftershocks have continued to hit the Indonesian island of Sulawesi, where a major quake and tsunami killed at least 384 people and injured 500.

Dozens remain missing, some thought to be trapped in the debris of collapsed buildings in the city of Palu.

Bodies have been lying in city streets and the injured are being treated in tents because of damage to hospitals.

An air traffic controller at Palu airport died ensuring a plane took off safely after Friday’s quake.

The scale of casualties and damage beyond the city is still unclear.

In pictures: Indonesia earthquake and tsunami
Survivors have been staying in the open, advised by officials not to return to their homes as a precaution. Some buildings were completely flattened.

Indonesia is prone to earthquakes because it lies on the Ring of Fire – the line of frequent quakes and volcanic eruptions that circles virtually the entire Pacific rim.


In 2004, a tsunami triggered by an earthquake off the Indonesian island of Sumatra killed 226,000 people across the Indian Ocean, including more than 120,000 in Indonesia.


(PM News)

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