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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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Power tussle rocks legislature four days to Fayose’s exit

Fayose:, Ekit governor

Four days to the exit of Governor Ayodele Fayose, crisis has rocked the Ekiti State House of Assembly as impeached speaker spits fire.

Mr Kola Oluwawole, who was impeached as Speaker on Thursday, says he remains the authentic speaker of the assembly.

Oluwawole described his removal as an illegality which cannot stand.

According to him, 18 members are supposed to carry out a speaker’s impeachment.

He, therefore, insisted that the 14-member action is not valid under the law.



Oluwawole was immediately replaced by Ebenezer Alagbada.

The 14 lawmakers also removed the deputy speaker and principal officers of the House and also announced the suspension of some members.

They cited abuse of office and mismanagement of the resources of the House among other reasons for their actions.

The tenure of the incumbent governor of the state, Mr Ayodele Fayose would end on October 16.



(NAN News)
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