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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

BREAKING: New minimum wage: Labour union invades presidential villa, insists on N30,000


The organised labour union on Tuesday invaded the presidential villa, Abuja in protest of an immediate implementation of what it agreed with the government as the new minimum wage.

The protest led by the TUC president, Bobboi Kagama, was tagged ‘National day of mourning.’

Kaigama speaking at the scene of the protest insisted that the labour union will not leave the Villa until the governors and executive committee on New minimum wage led by the Vice President Yemi Osinbajo respond positively to their demands.

They wondered why the governors would not pass the agreed new minimum wage, insisting that the increment will not lead to any form of inflation.

Kaigama, speaking to newsmen said: “The governor’s complaints of no equitable distribution of revenue in all states is not acceptable, as the governor of Lagos State is receiving the same salary as the Governor of Kebbi state. We also need equity among workers’ salary.

“Equity is also good for the commoner. The minimum wage cannot take governors throughout the week.

“N30,000 is by far less than the value of N18,000 in 2011. Even the value of N18,000 in 2011 was valued at 50 dollars but now is valued at less than 50 dollars.

“Nigerian workers are not in charge of the economy and the government who increased the inflation rate for reasons best known to them.

“The same rate of inflation should be applied to the increase of minimum wage. No minimum wage, no vote to any presidential or governorship candidate.”



(Daily Post News)

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