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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

BREAKING: EFCC set to Probe Oshiomhole (REASONS)

The Economic and Financial Crimes Commission, EFCC is set to reportedly probe the national chairman of the ruling All Progressives Congress, APC, Adams Oshiomhole over allegations of financial impropriety leveled against him and his Chief of Staff, Abbas Braimoh.

A member of the party’s National Working Committee (NWC), who spoke on condition of anonymity, said the anti-graft agency will invite Oshiomhole for interrogation over the allegations as they constitute financial crime.

He revealed that there were series of petitions forwarded to the anti-graft agency by some aggrieved stakeholders of the party over the primaries. He said;

“From available information, I believe the EFCC is looking into the matter and the national chairman and his Chief of Staff may be invited this week. Aside the DSS, some aggrieved members also petitioned the EFCC, alleging that the recently concluded primaries were marred by bribery allegations.

“While many of the aspirants didn’t come out in the open, we have seen people like Osita Okechukwu, the Director-General of the Voice of Nigeria (VON), who pointedly accused Oshiomhole of corruptly enriching himself through the primaries. He also urged the DSS and EFCC to immediately probe the call logs of Oshiomhole.

“So, I believe the EFCC will begin its probe this week. Those who wrote the petition will be made to present their facts while the national chairman will defend himself”, he said.


 
“What happens, thereafter, will determine the fate of the national chairman”, he noted.

On whether President Muhammadu Buhari will not intervene just as he was reported to have done when Oshiomhole was grilled by the DSS, another source in the presidency said while he was not aware of the EFCC case, the president will not intervene if indeed Oshiomhole is found guilty.



“I don’t think the president will shield him or prevent EFCC from doing its job. If you know, the president has always given the EFCC a free hand to investigate anyone no matter how highly placed. The president will not stop EFCC from doing its job.

“Remember, the general election is just few weeks away and one of the campaign promises is the fight against corruption. So, how can it be said that he is shielding the national chairman of his party from being investigated? If he does that, the opposition will latch on to that and it will not do his image or the party a lot of good.


(Politics Nigeria News)

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