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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

Supreme Court nullifies Rivers APC congresses


Amaechi and Oshiomhole over to you. What happens next.

The Supreme Court on Monday set aside the ruling of the Court of Appeal, Port Harcourt Division, which vacated a stay order made by a Rivers High Court, against the conduct of the All Progressives Congress (APC) congresses in the state.

Delivering the ruling on the interlocutory appeal, Justice Centus Nweze, held that the decision of the Court of Appeal was in error.

Nweze said the lower court was compelled to be guided by the judgments of the apex court, adding that the panel had to follow the law before arriving on its decision.

“This court is the highest and final court of decision in Nigeria. All other courts must abide by decisions from here. Failure to do this amounts to gross misconduct by judges.

“I hereby make an order setting aside the ruling of the Court of Appeal in Port Harcourt which vacated the stay order made by a State High Court in this matter,’’ he said.

The judge held that the respondent (APC) was in contempt when some of its members invaded the court and disrupted the peace of the court during proceedings.

According to him, it is against known procedure of court for such a party to approach an appellate court to be granted any prayers in a matter for which it is in contempt.

“The action and attitudes displayed by members and agents of the respondent are complete affront on the judiciary and would not be condoned,’’ he said.

Ibrahim Umar and 12 other members of the APC had approached the apex court challenging the decision of the Court of Appeal in Port Harcourt.

The appellants had initially instituted a case in the Rivers State High Court challenging their exclusion from the party congresses.

They prayed the court for a stay in the conduct of the congresses pending the determination of the substantive suit.

Aggrieved by the action, a faction of the APC approached the appellate court where the stay order was set aside, thereby giving the party the freeway to conduct the congresses.

Meanwhile, Justice Chinwendu Nworgu, on Oct.11 had delivered judgment on the substantive suit, where the court voided the list of candidates and sacked the state APC executive.

Nworgu said actions taken by the APC during the pendency of the suit had been set aside because they were illegal and unconstitutional.

The judge held that all those who purchased nomination forms for the ward congresses were entitled to contest the ward congresses of May 19, but were unjustly excluded by the party.

Nworgu also set aside all the primaries of the Rivers APC, including the indirect election that produced Mr Tonye Cole, as the governorship candidate.

The suit allegedly stemmed from crisis between Rotimi Amaechi, the Minister of Transportation and Sen. Magnus Abe, an acclaimed governorship candidate of the party over the leadership of the party.



(PM News)

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