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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

Ambode may have offended some people but history will judge – Gov Bagudu

Gov. Abubakar Bagudu of Kebbi, has poured encomium on Gov. Akinwunmi Ambode of Lagos State, saying he had demonstrated grace and that he believed history would judge him kindly.
Bagudu spoke on Thursday in Lagos at the closing of the three-day 18th National Women’s Conference, organised by the Committee of Wives of Lagos State Officials (COWLSO).

Bagudu said: “My friend, Ambode does not like to be praised. He is a very private person and I always see the reflection of him in me.
“I often imagine how private people function in a public world like politics.

“He has done a lot for Lagos. He has continued in the tradition. And understandably, he may have offended some people. I have done so. And many before us have done so.
“Being the believers that we are, he holds no grudge against no one and he loves the people of Lagos and has submitted to their will.”
He said the emergence of LAKE Rice would not have been possible without Ambode, supported by COWLSO.



He noted that the partnership between Kebbi and Lagos State had helped to improve the economy of Lagos State and Nigeria in terms of local production of rice.
“Without Ambode, there would not have been LAKE Rice. The significance of LAKE Rice is that it encouraged a revival of I can do it spirit,” he said.
Bagudu said the emergence of LAKE Rice had helped the nation to reduce the importation of rice by 90 per cent.



(Daily Post News)

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