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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

 



The hijacked ship MV Glarus

The Nigeria Maritime Administration and Safety Agency (NIMASA) on Monday said it had started rescue operations for the 12 crew members of MV Glarus hijacked on Saturday by pirates in Rivers.

The News Agency of Nigeria (NAN) reports that crew men of the vessel “MV Glarus”, owned by Allison Shipping, was hijacked by pirates off the Bonny Island in Rivers for a ransom.

The NIMASA Director-General, Dr Dakuku Peterside, who was speaking to newsmen in Lagos, condemned the act, adding that the agency was working hard to ensure the release of the crew.

“We are working closely with Forward Operation Base (FOB) of the Nigerian Navy, the Falcon Eye alongside others to secure their release unconditionally.


“The agency is saddened about the attack and the perpetrator will surely be brought to book to serve as deterrent to others,” Peterside said.

According to him, the issue of piracy in the Gulf of Guinea is a challenge that must be tackled head-on.

He said that the agency would ensure safety on the nation’s waterways.

NAN reports that NIMASA recently adopted an all encompassing maritime security model tagged, Total Spectrum on Maritime Security Strategy.




(NAN)

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