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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

Fayose threatens to leave PDP over Atiku’s emergence

Fayose

Outgoing Ekiti State Governor Ayo Fayose on Friday threatened to quit the People’s Democratic Party (PDP) over the outcome of the national convention.

He is believed to be unhappy with the emergence of former Vice President Atiku Abubakar as the PDP presidential flag bearer at the primary held at Adokiye Amiesimaka Stadium in Port Harcourt, the Rivers State capital.

Fayose, who is the Chairman of the PDP Governor’s Forum, supported Sokoto State Governor Aminu Tambuwal at the national convention.

The Ekiti helmsman alongside his Rivers State counterpart Nyesom Wike rallied support for Tambuwal at the national convention.

Fayose, in a six-paragraph statement sent to reporters on Monday said he would continue with consultations and watch how events unfold in the umbrella party.

The statement which the governor personally signed was entitled: “Re: PDP National Convention.”

The statement read: “We have no regret aligning with Governor Wike to support Governor Tambuwal for the presidential ticket and no apologies either.

“We kept the party alive and strong when most men became ladies. We never compromised. If any group feels it can do it alone, we will see how far they can go.



“I may renounce my membership of the party if the need arises.

“In the main time, myself and others will continue with our consultations while watching the turn of event.

“We cannot but appreciate leaders that have intervened so far, but this release became necessary to avoid fresh crisis or misrepresentation.”

It remained unclear why Fayose wants to quit his beloved party as he gave no cogent reason in the statement.

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Fayose had earlier declared interest in the Presidency but later withdrew before the official sale of nomination and expression of interest forms.

He was also said to be considered as the party’s presidential running at a time but the loss to the All Progressives Congress (APC) in the July 14 governorship poll has put a dent on the ambition.

Fayose joined the PDP before the 2003 governorship poll which he won but had been in and out of the party at various times.

His supporters joined All Nigeria People’s Party (ANPP), Progressives People’s Alliance (PPA) after his impeachment from office while he had a working agreement with the Action Congress (AC) in the 2009 governorship rerun election.

Fayose defected to the Labour Party (LP) in 2010 and ran as the Ekiti Central senatorial candidate in the 2011 general elections but lost to Senator Babafemi Ojudu.

He returned to the PDP in 2012 and ran again as its candidate in the 2014 governorship poll which he won.

Fayose, at various times, had boasted that he would never leave PDP but his latest threat to quit has been causing ripples since it broke Monday evening


(The Nation News)

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