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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

Oshiomhole, EFCC served by court over alleged fraud

Adams Oshiomhole, APC leader

The Federal High Court, Abuja Tuesday ordered that court processes be served on former governor of Edo State, Adams Oshiomole, over alleged financial fraud while in office.

Justice Anwuli Chikere, gave the order while ruling on the exparte application brought before the court by Bishop Osadolor Ochei.

The application is seeking an order of mandamus to compel Economic and Financial Crimes Commission (EFCC), to arrest and commence criminal proceedings against Oshiomole for allegedly diverting state funds into personal use.

Justice Chikere, while ordering that the EFCC be served also with the same court process, stressed that the service be done within five days from October 9, when the order was made.

The ex-parte, with suit No FHC/ABJ/CS/628/ 2018, and filed by Dr. West Idahosa on behalf of the plaintiff, has Oshiomole and EFCC as 1st and 2nd respondents respectively.

Idahosa while arguing the motion, urged the court to allow the respondents file their reply to the weighty allegations made against them by the applicant.

Bishop Ochei had on October, 28, 2016, petitioned the EFCC ‎against Oshiomhole, who was governor of Edo state from November 2008 to November 11, 2016.



While praying the court to grant the request of his client, Idahosa referred the court to 86 exhibits filed in support of the application, stressing that there were documents and electronic pictures of palatial houses of the former governor, whose earnings all his life cannot acquire and that there were evidence on how Oshiomhole allegedly diverted money meant for Edo State project to his personal projects.

The counsel added that there were vouchers of exorbitant air fares that the former governor incurred, and that the amount of air fares was enough to buy air carrier for the people of Edo State.

Idahosa also stated that there were receipts of how the former governor used huge amount of states funds to repair of his private vehicles, and urged the court to grant the relief of his client.

According to him, EFCC has arrested and prosecuted lesser crimes and there was no reason the anti-graft agency should ignore the petition.

The court has adjourned the matter till October 23, for arguments from parties in the suit.‎



(The Guardian News)

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