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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

APC primary: Osinbajo, Tinubu, party leaders take final decision on Ambode, Sanwo-Olu

The Governor’s Advisory Council (GAC) of the Lagos chapter of the All Progressives Congress (APC) has endorsed Mr. Babajide Sanwo-Olu to pick the party’s governorship ticket for the 2019 election in the state.


Sen. Anthony Adefuye, a member the council, announced the endorsement to party members on Saturday, at a stakeholders’ meeting at the ACME Road state party secretariat.

He said GAC, the highest decision-making body of the chapter, arrived at the endorsement after a meeting, which lasted for several hours.

Adefuye said the meeting was chaired by national leader of the party, Asiwaju Bola Tinubu, and was attended by other prominent members of the party.

Adefuye listed Vice-President Yemi Osinbajo, the Majority Leader of the House of Representatives, Mr Femi Gbajabiamila and Speaker of the state House of Assembly, Mr Mudashiru Obasa as some of those also at the meeting.

He said that the decision to back Sanwo-Olu, a former Commissioner for Training and Establishment, against the incumbent, Gov. Akinwunmi Ambode, was in the interest of the state and the party.

Adefuye also announced that the governorship primary had been postponed from Sunday to Monday but gave no reason for the shift.

He told the crowd that another aspirant, a former Commissioner for Works, Dr Obafemi Hamzat, had withdrawn from the race and had endorsed Sanwo-Olu.


“There was a GAC meeting held this morning, which was attended by the Vice President, Yemi Osinbajo, Majority Leader of the House of Representatives, Femi Gbajabiamila, Speaker, House of Assembly, Mudashiru Obasa, and others.

“This meeting was chaired by our national leader, Asiwaju Bola Tinubu. This is a meeting that we started at 10am. and we couldn’t finish early.

“After the meeting, I have been mandated by the GAC to announce this to you.

“The gubernatorial primary earlier scheduled for tomorrow, September 30th, has been shifted to Monday, October 1.

“Also, the GAC was informed by Dr Obafemi Hamzat of his decision to graciously step down and endorse Jide Sanwoolu.

“GAC has endorsed Babajide Sanwo-Olu as its preferred candidate ahead of the primary,” he added.


(Daily Post)

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