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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...
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Obanikoro flees to US as Fayose’s Court Case begins


Information reaching the PoliticsNGR newsdesk today reveals that Former Minister, Musliu Obanikoro has reportedly traveled to the US, a few days before the court case of Former Ekiti state governor, Ayo Fayose is set to commence.

Obanikoro, who was listed by the Economic and Financial Crimes Commission, EFCC to testify against Fayose left the country last Wednesday for Medical treatment and did not specify a date of return.

A former Minister of State for Defence, Obanikoro, traveled shortly after he retrieved his passports from the EFCC.

This is despite a directive by the Federal Government that 50 persons under investigations for fraud exceeding N50m are restricted from travelling.

Obanikoro, who has an American passport and a Nigerian one, reportedly met certain conditions before his passports were returned to him.


 


Obanikoro has been under investigation since 2016 for allegedly receiving N4.7bn from the embattled former National Security Adviser, Col. Sambo Dasuki (retd.), in 2014.

The former minister allegedly handed over about N1.3bn to former Governor Ayodele Fayose of Ekiti State and another N1.3bn to the then Peoples Democratic Party governorship candidate in Osun State in 2014, Senator Iyiola Omisore.

After Fayose was arrested by the EFCC last Tuesday, however, it was learnt that Obanikoro traveled to the US.

The former minister, who has defected to the All Progressives Congress, had declared his intention to run for the Lagos West senatorial district election but shelved his ambition at the last minute.


(Politics Nigeria News)
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