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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

Why I won’t attend Fayemi’s inauguration – Fayose

The Governor of Ekiti State, Mr Ayodele Fayose, has explained that he may not honour invitation to attend the inauguration of Dr. Kayode Fayemi because of the erratic nature of politicians.

The Governor added that he had promised to appear at the office of the Economic and Financial Crimes Commission(EFCC) on October 16, which he said coincided with day of the swearing in.

The governor also advised that whoever emerges Speaker in the state House of Assembly should work for the progress of the state.

Fayemi had on Wednesday disclosed that Fayose was specially being expected at his swearing in on Tuesday, saying he is free to attend the ceremony as Ekiti leader.

Speaking at a press conference in Ado Ekiti on Thursday, Fayose said the EFCC may have the opportunity of harassing him if he reneged on his promise to appear before it next Tuesday.

“Politicians are erratic people, if I should attend the programme, some politicians may use the chance to harass me even when they are not sent by Fayemi.

“This will further destroy relationship. Issues between me and Fayemi is not personal. I have been cooperating with the committee set up by Fayemi on this transition

“Again, I have to be in EFCC office in Abuja on Tuesday. But let me say clearly that I am ready to appear before any Panel set up by incoming government to probe my administration”, he said.



Fayose stated that he has not committed Ekiti to any debt, either by way of bond or bank loans since he took over in 2014.

“Contrary to what they are saying that I have committed Ekiti to a huge debt, I didn’t commit Ekiti with a dime. Whatever we do in government, history will forever remain after us”.

He urged Fayemi to deploy the N327 million kept in bank by his administration to complete the new Oja Oba market for the use of Ekiti traders.

The Governor added that he decided to abandon the civic centre project started by Fayemi and constructed a new market because it was not a priority to the people of the state.

Fayose said the newly built Ministry of Finance shall be named after former Minister of National Planning, Chief Ayo Ogunlade to appreciate his contributions to the state.

The governor said he decided not to name any project after himself on the basis of his belief that such was morally wrong.

“The flyover, the new governor’s office, the roads, the Oja Oba market, the Funmilayo Olayinka Women development centre and other projects will speak for me even if I refuse to name projects after myself,” he said.

Fayose said he won’t dabble into the crisis rocking the State Assembly, which culminated in the removal of the Speaker, Hon Kola Oluwawole and his deputy, Sina Animasaun on Thursday.

Three All Progressives Congress (APC) and 11 members of the Peoples Democratic Party (PDP) on Thursday removed the principal officers and installed an APC lawmaker, Hon Adeniran Alagbada, as the new Speaker.

Fayose said: “I won’t dabble into what is happening in the assembly. Whether they elect Oluwawole or Alagbada, such person must believe that he was elected to serve Ekiti people.

“I enjoin them to cooperate with Fayemi to move Ekiti forward. I don’t want to hear of any impeachment against Fayemi, if truly we are here to serve”, he advised.



(Daily Post News)

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