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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

No travel ban list: Presidency

No travel ban list says FG


The Presidency has denied issuing a list of Nigerians affected by a travel ban as it also clarified that the Executive Order No. 6 is not a political weapon against opposition but part of revolutionary efforts to rid Nigeria of corruption.

Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity issued the clarification today after a national newspaper published a list containing 50 names of people cutting across the two main political parties and the military establishment.

“I want to confirm to you that we have not issued any list and we are not doing so”, the presidential aide said.

“These cases are well known and to say this or that name is on it will open the door to further accusations, including trial by media.

“The Immìgration Service and other security agencies have the mandate of the President to carry out enforcement and they will do so giving due respects to individual rights, in line with the constitution,’’he said.

The presidential aide was reacting to a trail of criticisms over the implementation of the EO6 by the federal government.

Shehu dismissed the insinuation in some quarters that the activation of the EO 6 was targeted at some individuals or politicians in the country.

“EO 6 is not only revolutionary to the efforts to rid Nigeria of corruption but a manifestation of systemic changes that are required to make necessary adjustments as we carry on with the war against corruption.

“The very essence of the order is to make for speedy trials and conclusion of graft cases.

“The order is not politics and there is no political gain behind its activation.

“These high profile cases we are talking about have been ongoing for between seven to 10 years with no end in sight. These cases were mostly originated by administrations other than this one.

“What is clear is that the access to these resources by the suspects has enabled them to be in a composition to sometime compromise investigation, prosecution and trial.’’

He further explained that, in most of the cases, the courts were held in a helpless position by legal acrobatics paid for from corrupt enrichment by the suspects.

He, therefore, expressed the hope that the new measures put in place would compel everyone involved to make for a speedy conclusion of these cases.

“If it is your money, you have it back. If it belongs to the public, it goes back to the treasury,’’ he said.

Shehu added that the question of the constitutionality of the restriction order had been answered by the fact that “a court of the land has given government a clean sheet.’’

“The Executive Order is legal and constitutional and therefore implementable.

“One of the cardinal objectives of the government under our constitution is to fight corruption. Fighting corruption is a responsibility and obligation upon the government,’’ he further maintained.


(NAN News)

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