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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

Oshodi Transport Interchange: Lagos targets 2019 first quarters delivery date


Ongoing construction of the Oshodi Transport Interchange at an advanced stage, being built by the Lagos State Government.

The Lagos State Government on Monday said the ongoing Oshodi Transport Interchange conceived and being implemented to evolve a seamless way by which Lagosians commute across the State on a daily basis would be completed within the first quarter of 2019.

The state government had earlier promised that the project would be delivered last month, but it did not meet the target and has now set a new target for the project.

Commissioner for Works and Infrastructure, Adebowale Akinsanya, in a statement on the state of the project, said it was gratifying to report that substantial progress had been made towards its completion.

The Commissioner added that with the ongoing pace of works, the project would be completed within the first quarter of 2019, and operations commencing soon after, saying that commuters around the State should look forward to having a comfortable, accessible and world-class transport system.

Besides, Akinsanya commended motorists and residents in the State for cooperating with government in the implementation of the project, just as he assured that all hands were on deck to expedite work and complete it on schedule.

According to him, “At the moment, 83 per cent total work progress has been achieved, including completion of piling works on the three terminals and completion of the piling works for the Skywalks.

“Among others, we have also completed works on the pile caps for the three terminals, concrete works of the buildings, ground floor works on all the loading bays for the three terminals, erection of steelworks for the Skywalks and terminals and Taxi Park and car park area, while road works around the terminal are at an advanced stage as well as bus holding bays around the terminals also at an advanced stage,” Akinsanya said.

The Oshodi Transport Interchange Project (OTIP) which is part of the Bus Reform Initiative of the State Government, is an iconic infrastructure designed to transform the axis forever and enhance connectivity.



The project, in a nutshell, seeks to transform Oshodi into a world-class Central Business District (CBD) with business, travel and leisure activities conducted in a serene, secure, clean, orderly and hygienic environment, comparable with other transport terminals around the world including Stratford and Victoria Bus Station in the United Kingdom.

The project, on completion, would consolidate all the 13 city and interstate bus parks into three multi-storey terminals, providing standard facilities including waiting area, loading bays, ticketing stands, drivers lounge, parking areas, rest rooms, accessible walkways and pedestrian sky-walks linking all the terminals.


(PM News)

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