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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

Lagos APC primary: Real reason Ambode conceded defeat to Sanwo-Olu

Lagos State Governor, Akinwunmi Ambode, conceded victory to Babajide Sanwo-Olu in the All Progressives Congress primary election to avoid impeachment.

DAILY POST reported yesterday that Ambode, in a brief press conference conceded defeat and congratulated his opponent Sanwo-Olu.

Before his shock acceptance of the result, there had been expectation that the governor would fight the declaration of Sanwo-Olu as the winner of the state’s Tuesday governorship primary.

The election result was initially cancelled by the APC National Working Committee panel that had promised to announce a new date for the primary.

The panel also made a U-turn on Wednesday to declare Sanwo-Olu the winner, sparking speculations that the governor would reject the move.

But a few hours after the panel’s new decision, Ambode’s media team sent a press statement that the governor would host a “world press briefing” causing more speculations even suggestions that he might dump the ruling party.


Ambode eventually accepted defeat and congratulated Sanwo-Olu.

Now Punch claims that sources from both Ambode and a National Leader of the party, Asiwaju Bola Tinubu’s camps said that the move was meant to remove the tension, as well as avert the impeachment move being considered by party elders.

The newspaper reports that before and after the broadcast, Ambode had contacted Tinubu and some party leaders in a bid to assure them of his loyalty to the party, and in order to avert the impeachment option.

The APC Publicity Secretary in Lagos State, Joe Igbokwe, said he did not know about any peace move by the incumbent governor, as well as any deal.

He said, “I don’t know about that.”

Another source told Punch, “He (Ambode) did not want the matter to get to that level; that is why he accepted the defeat to reduce the tension in the state and stop any panicky action by the party elders. He also wanted them to leave him in peace to complete all his projects,” the source said.

One of Tinubu’s aides also said it was still early to say.

He said, “Ambode just made his speech, every other thing would flow from the governor’s decision to accept defeat and congratulate Sanwo-Olu.”

(Daily Post News)


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