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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

Minimum wage: FG’s proposed figure is N24,000–Ngige

Chris Ngige, labour minister speaks on Minimum wage meeting

The Minister of Labour and Employment, Dr Chris Ngige, on Wednesday said that the Tripartite Committee on Minimum Wage had yet to agree on any figure on the matter.

Ngige, who briefed State House correspondents after the Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja, dismissed media reports that the committee had agreed on N30, 000 as new minimum wage.

The FEC meeting was presided over by President Muhammadu Buhari.

He said that the Federal Government had proposed N24,000 per month to the tripartite committee – organised labour, organised private sector and government – involved in the negotiation.

According to him, the federal government is careful so that it will not agree on a figure that will weigh down on State Governments or lead to retrenchment.

He said that upon the committee reconvening on Oct. 4, labour adjusted its figures down to N30, 000 per month while the organised private sector adjusted its own from N25, 000 to N30,000.

“The state governments’ figure last time was N20,000; the federal government had a figure of N24,000 and that was where we all stood.



“These negotiations took into account these irreducible offers from the different governments but we could not arrive at a consensus.

“Even though we adjourned that meeting and said we would put up a report that will reflect this position, we are still continuing to discuss informally to see if we can arrive at a common figure.

“So, discussions are still ongoing and that is where we are. This becomes very pertinent because I saw all the papers.

“The dailies yesterday were awash with the news that we have all agreed on N30,000. That is not true; the federal government has not agreed on N30,000.

“The federal government also is carrying the states along with it because a lot of the workers are in the states and it is a very sensitive matter.

“We cannot because the issue of minimum wage is item 34 in the exclusive list, fix an amount which the state governments will find difficult to pay,’’ he said.

Ngige said that under the International Labour Organisation(ILO),  the cardinal principle of wage fixing mechanism was capacity to pay.

He said President Muhammadu Buhari had reiterated that no worker should be retrenched or denied his/her promotion while recruitments to replace retired or dead civil servants should continue to be done.

The Minister of State, Power, Works and Housing, Alhaji Suleiman Hassan, also said the council approved N5.2 billion for the construction of Kajiji-Jabo-Juraye-Kwachako in Sokoto State.

According to him, the 28.75 kilometre road linking Sokoto state and Zamfara will facilitate smooth movement of agricultural produce in the axis.

“The council approved the award of contract for the construction of Kajiji-Jabo-Juraye-Kwachako road in Sokoto state.

“This is a 28.75 kilomerer road joining Sokoto and Zamfara states,’’ he said.

 


(NAN News)

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