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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

Former Vice President Atiku Abubakar has debunked accusations of financial improprieties linked to him by the U.S senate in 2010.


                Atiku Abubakar
 
The Peoples Democratic Party presidential candidate insinuated the allegations against him are mere rumours.
 
He revealed this through the spokesman of the Atiku Campaign Organisation, Segun Sowunmi while speaking on a TV show - Sunrise Daily on Channels TV today, 12th of October, 2018.
 
"The United States Senate has a very big idea that every rumour must be investigated and they also have following on investigation, an idea that justice must be done if errors have happened. Had anything been proven, it will not be left in the realm of conjecture"  he said.
 
He went on to explain that the U.S Special Investigative Committee conducted investigations on many issues regarding international money transfers due to the prevalent spate of terrorism then. He further said Atiku was investigated at that time because the Americans were suspecting Muslim individuals moving money in the country because of terrorism financing. He concluded that the investigation later failed to indict Atiku.
 


"To their (U.S Senate) own surprise, they later found out that there was so such thing (terrorism financing) around that (Atiku's financial transactions) ...What was happening that in a bid to pay the faculty leaders of the American University, money was moving here and there to pay them and some of these monies which are obviously coming in for those university and facilities were monies he was looking for from some of his investments all over. The money wasn't stacked up in one account and he was just throwing it there. No! He was looking for the money, if he makes a bit of money in one business, he puts it there" he added.
 
One the Siemens bribery scandal, he also said: 
 
"The business ethics of nations are different; what they say they gave or didn't give to a wife or a girlfriend or a sister or a cousin of anybody cannot be directly traced to me. It's like saying that someone said he gave me money and just because I'm friendly with Ajuri (the interviewer), I got the bribe on behalf of Ajuri, that is caca."
 
It would be recalled that Atiku's fourth wife, Jennifer Douglas who was living in Washington DC in the United States of America reportedly received $40 million from offshore shares accounts into U.S banks between the year 2000 and 2008.
 
Specific allegations say that $2 million was paid by telephone company, Siemens to Atiku's wife, Jennifer Douglas on behalf of Atiku while he was the Vice President of Nigeria. Siemens has admitted to paying the bribe to Atiku for the purpose of influencing the allocation of a moneyed contract in Nigeria to the company.
 
Watch the video below: (Question starts from 5:15 minutes)
https://www.tori.ng/news/108262/atiku-finally-reveals-the-truth-about-his-alleged.html



(Tori.ng News)

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