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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

N4.65bn ONSA fund: EFCC moves Fayose to Lagos



There were indications last night that the trial of ex-Governor Ayodele Fayose at a Federal High Court may begin on Monday.

The ex-governor is facing trial in connection with N1.299 billion and $5.3 million allegedly allocated to him by the Office of the National Security Adviser (ONSA) from N4.65 billion slush fund allegedly shared by ONSA.

Ahead of the trial, Fayose may be relocated from Abuja to Lagos today.

EFCC confirmed last night that Fayose has been served charges and trial notice.

But the ex-governor denied collecting $5.3 million from a former Minister of State for Defence, Mr. Musiliu Obanikoro.

He was said to have only admitted knowing Obanikoro and his associate, Abiodun Agbele, who allegedly bought six choice properties for him in Lagos and Abuja.

He was also said to have confirmed during interrogation yesterday that Agbele bought the properties for him.

A source who spoke with our correspondent last night said: “We have preferred charges against Fayose at a Federal High Court in Lagos.

“He will be prosecuted for receiving N1.299 billion and $5.3 million from ONSA through a former minister, Musiliu Obanikoro.



“Although the illicit cash was released for the 2014 governorship campaign of Fayose, it was diverted to acquiring properties.

“The minister flew N1.299 billion in cash in two flights to Akure Airport for Fayose, and it was Agbele who received the slush funds from Obanikoro.

“While Fayose admitted knowing Obanikoro, he told his interrogators that he did not collect $5.3 million from the ex-minister.”

Responding to a question, the source added: “The EFCC will relocate Fayose from Abuja to Lagos either on Saturday or Sunday for the trial.”

The Head of Media and Publicity of EFCC, Mr. Wilson Uwujaren, confirmed the filing of charges against Fayose.

He said: “Fayose has been served with charges alongside his company, Spotless.”

But Fayose’s media aide, Lere Olayinka, insisted in a statement that the EFCC does not have evidence to prosecute the ex-governor.

The statement said: “With the deafening noise that they made about the evidence of corruption in their possession and even going by the EFCC ignoble tweet of July 15, 2018, in which the commission expressed its readiness to prosecute the former governor immediately he no longer enjoyed immunity, Nigerians had expected that by now, he will be facing trial in court.

“However, because the EFCC does not have any evidence against Fayose, the commission has opted to keep him in detention so as to satisfy its paymasters whose major agenda is ‘Fayose must be kept out of circulation by whatever means.’

“If not that they are just interested in keeping him out of circulation, why is the anti-graft commission not in court to prosecute him with the ‘overwhelming evidence’ it claimed to have?”

The statement clarified that Fayose denied all the allegations levelled against him by the EFCC.

The statement added: “Peter Ayodele Fayose has denied all their allegations and he won’t say anything more than what he has said on Tuesday.

“The former governor will not say more than what he has said, which is denying the EFCC allegations.

“He has also told the commission that he does not have any trust in them, having openly displayed bias against him and showed that they were persecutors instead of prosecutors.

“He is waiting to be charged to court whenever they are ready.”

(The Nation News)

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