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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...
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Truck crushes motorcyclist, passenger on Lagos-Ibadan expressway



A motorcyclist and his passenger were on Monday crushed to death in an accident involving a truck and a motorcycle on the Lagos-Ibadan Expressway.

My Babatunde Akinbiyi, the Public Relations Officer of Traffic Compliance and Enforcement Corps (TRACE), who confirmed the incident to the News Agency of Nigeria (NAN) in Abeokuta, said the incident happened close to a Connoil filling station on the highway.

Akinbiyi said that the accident,  which occurred at about 6:20 p.m.,  was as a result of excessive speed and loss of control on the part of the driver of the truck with registration number JJJ 472 XP.

“The truck had hit the motorcycle with no registration number from the back,  killing the motorcyclist and his passenger on the spot,” he said.

Akinbiyi added that the truck driver survived the accident while the corpses of the deceased were deposited at the morgue of Olabisi Onabanjo University Teaching Hospital, Sagamu.

“TRACE is using this opportunity again to admonish drivers, particularly drivers of articulated vehicles, to avoid excessive speed and give consideration to other road users for the safety of all,” he said.



(NAN)
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