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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

Stand Down or Face Impeachment, Tinubu’s Camp Threatens Ambode



As high-wired intrigues continue to play out in Lagos State over the incumbent governor, Mr. Akinwunmi Ambode’s re-election bid, competent sources saturday revealed that a key segment of the party led by the National Leader of All Progressives Congress (APC), Bola Ahmed Tinubu, has asked the governor to stand down his second term bid or face impeachment. The threat to impeach the governor is an escalation of pressure being piled on him to drop his quest for second term.

A competent party source sympathetic to the governor, who demanded annonimity since he was not authorised to speak on the intrigues and power play currently playing out informed THISDAY yesterday, “they are threatening to impeach him should he refused to bow to their demand to withdraw. The incumbent governor, who is traditionally entitled to another term is being harassed and intimidated by Tinubu’s political machine to withdraw for their new man, even though the governor had agreed to subject himself to primary. They are boasting that they will direct the State House of Assembly to immediatly begin impeachment proceedings against him.”


 
The APC had initially insisted on conducting direct primary election to select its governorship candidate in the spirit of democracy. But it suddenly reversed itself, directing Ambode to withdraw from the contest to enable the party present Sanwo-Olu as the consensus candidate.

It also emerged yesterday via a statement from the Vice President’s office denying endorsing Sanwo-Olu. “It was while he was coming out of the GAC meeting that Mr. Sanwo-Olu and Mr. Hamzat took advantage of the VP’S presence to take the photos which are now being falsely paraded as proof of endorsement.

“The VP did not go there to endorse Sanwo-Olu., they only took advantage of his presence,” a source at the meeting confirmed last night.”

Rather, sources at the GAC meetings hinted that Prof Osinbajo, who is believed to be supportive of a second term bid for Ambode, conveyed the view of the Buhari presidency that there should be a level playing field in the overall conduct of the primaries.

Party chieftains spoke with THISDAY yesterday in confidence on the drama that took place at the meeting of the Governor’s Advisory Council (GAC) held Friday night. They disclosed that the APC leader threatened to impeach Ambode if the governor refused “to step down for Sanwo-Olu.” Ambode was said to have looked him squarely in the face and refused.

Details later

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