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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

Hope Party drags APC, INEC to court over “tradermoni”


Osinbajo takes TraderMoni to Ikotun Igando and Ile Epo

The Hope Democratic Party (HDP) has dragged the Independent National Electoral Commission (INEC) to court over the short period given to parties to campaign in preparation for the 2019 general election.

The Presidential candidate of Hope Party, Ambrose Owuru, told the News Agency of Nigeria (NAN) that the party approached the court on Nov. 13 (Tuesday) to compel INEC to elongate the time for campaign to enable it propagate its message of “welfarism” to Nigerians.

Owuru said that the party also wants the court to punish INEC for allowing the All Progressive Congress (APC) to indirectly lobby voters with N10,000 through the “tradermoni” programme supervised by the Vice-President, Prof. Yemi Osinbajo.



He said the action of Osinbajo through the scheme was ill-timed and should not be allowed to continue.

“We want the court to declare the Federal Government’s tradermoni scheme illegal and breech of electoral act because it is a gimmick to financially induce voters ahead of the 2019 general election.

“The court should reprimand INEC for failing to check the act of Osinbajo (Chairman National Economic Council) in openly giving out physical cash of N10,000 to market women.

“The court should determine whether the disguise of tradermoni during this period of election is not a plan by the APC and Osinbajo to up-stage and disrupt Hope Party’s welfarism and wealth redistribution of N2 million grants to Nigerian families to end poverty.

The News Agency of Nigeria (NAN) reports that National Broadcasting Commission (NBC) and Newspapers Proprietors Association are also defendants in the suit.

Owuru said NBC and Newspapers Proprietors Association were joined in the suit for not giving the party and its candidates due coverage of their events.

“This could be targeted at denying the party rights to equal treatment and could deny Nigerians the right to informed choices at the 2019 presidential election,” Owuru added.

No date has been fixed for the matter.




(PM News)

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