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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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Biafra: Buhari Govt replies Nnamdi Kanu over threat to return ‘with hell’

The Presidency has spoken on the recent broadcast by the leader of the outlawed Indigenous People of Biafra, IPOB, Nnamdi Kanu that his return to Nigeria would be disastrous.

Kanu had in a broadcast on Sunday boasted that Nigerian government cannot jail him.

“The Zoo called Nigeria can not jail me. I will fight till the last day. Binta Nyanko court failed to ask the Nigerian Army why they invaded my home. Nigerian court is a Kangaroo court. I did not jump bail, I left because the court failed to protect.

“I am coming back to Biafra land soon and I will bring hell with me, the way it has never been seen before,” he had said.

Reacting, however, presidential spokesman, Garba Shehu, in a statement on Tuesday asked Nigerians to ignore Kanu as his threat to bring hell to Nigeira was unrealistic.

He said, “The Presidency wishes to restate that Nigeria under President Muhammadu Buhari is strong enough to defend its territory against any threat, assuring all Nigerians that there is no reason to worry about the hollow outburst by Nnamdi Kanu, the disputed leader of IPOB on returning to the country ‘with hell’.



“Instead, we see the re-enactment of his bizarre, episodic threat as a mere distraction which will not be allowed to detract from the existing cordial relationships between Nigeria and other countries.

“The Buhari administration is in constant touch with other friendly nations and has the best assurances that they would continue to reciprocate the respect Nigeria has for the sovereignty of their nations.

“Nigerians have nothing to fear from this.”



(Daily Post News)
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