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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

FG rejects state governors’ N22,500 minimum wage proposal


The Federal Government on Wednesday made it known that  it was not in support of the N22,500 minimum wage proposed by the Nigeria Governors Forum.

The governors of Nigeria’s 36 states after an emergency meeting on Tuesday said they could only pay N22,500 as the new national minimum wage.

“Governors, therefore, agreed to pay a national minimum wage of N22,500,” Governor Abdul’Aziz Yari Abubakar,
Chairman of Nigeria Governors’ Forum said in a statement.

While the country’s labour unions are demanding a minimum wage of N30,000 and have threatened to embark on an indefinite strike if their demands are not met.

Less than 24 hours after the NGF declaration, the Minister of Labour and Productivity, Chris Ngige, on Channels Television’s Sunrise Daily, said, “The governors have not even done enough. I told them that this N22,500 was even rejected by the Federal Government,” he said.

He criticised the governors for the proposed amount saying N22,500 is even below the N24,000 agreement by the Federal Government.

He, however, said that all parties on the ground would resume negotiations to see that the welfare of the workers is met.



On October 10, the Federal Government proposed N24,000 to the labour unions as the new minimum wage which was not accepted by the Unions.


(Nigerian Guardian News)

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