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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

Ooni of Ife celebrates Olojo festival

Ooni of Ife, Oba Adeyeye Ogunwusi

The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, led the ancient city of Ile-Ife on Saturday to celebrate the 2018 Olojo festival amidst pomp and pageantry.

The festival was an opportunity to showcase the rich culture of Ile-Ife and the Yoruba nation.

The 2018 Olojo festival held on Saturday, in Ile-Ife, with the Ooni wearing the “Aare crown” a day after leaving seclusion to Oke-Mogun in Ile-Ife.

The monarch used the occasion to offer prayers for citizens, Ife Kingdom, state and entire Nigeria.

Thousands of people and Yoruba race from various communities in Nigeria and Diaspora stormed Ile-Ife to celebrate the festival with the Ooni.

Mr Willy Santos, who came from Brazil for the festival, stressed the need for Nigerians to preserve their rich culture and tradition.

Santos urged the people to rise to the challenges facing their cultural heritage and try all possible means to protect their cultural beliefs and values from extinction.

He appealed to Yoruba race to jointly embrace the tradition of their fore bearers, repackage and export it.

Also, the Aare Sooko of Ife Kingdom, Chief Aratunde Arayanju, said that the Olojo festival signified the day the world was made.

Arayanju lauded Ooni for promoting the culture, and urged Nigerians, especially people from Ile-Ife to imbibe the culture and support the Ooni to take the Yoruba race to higher ground.

Meanwhile, Chief Olusegun Olafioye, the Public Relations Officer (PRO), Hunter Association in Nigeria, said that the presence of the union was very important to the festival.

Olafioye added that they must give 21-gun salute, which will relieve the heaviness of Aare crown that Imperial Majesty wore on the occasion, as part of the ceremony.

He admonished all and sundry to cooperate with their monarchs and Chiefs to promote and preserve the culture of the Yoruba race.


(Tori.ng News)

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