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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

Soyinka, Ohanaeze, Afenifere insist on restructuring


Eminent Nigerians and ethnic national groups yesterday insisted on restructuring of the federation.

They expressed this opinion in Lagos at a programme ‘Handshake Across Nigeria’ summit organised by Nzuko Umunna in partnership with The Core Federalists .The theme of the sunmmit is ‘Nigeria Beyond Oil.’

Afenifere, Ohanaeze Ndigbo, Prof. Wole Soyinka and Gen. Ike Nwachukwu spoke on a similar note.

Prof. Soyinka, the keynote speaker, said: “We want the government to understand that they are part of the community and have been given a mission of carrying out the will of the people. When we talk about governance, we are talking about an instrument for the execution of the people’s policy. Insecurity has reached a certain level that even when we bring experts in, they wonder what exactly they have come to do. “One way of stopping the bloodbath is to reconfigure the nation. States must be given maximum control over their resources.

“Those insisting on restructuring do so because they know that there is something wrong with the state of Nigeria. Many times, Nigerians have come together to proffer solutions and the way forward for the country, but after spending so much time and effort, nothing ever comes out of it. The recommendations are left to gather dust. How much longer shall we continue like this?”

Ohaneze leader John Nwodo said “those campaigning against restructuring in Nigeria have painted an unfortunate and untrue picture that those of us in support of restructuring are doing so in order to deny the northern states who have not yet any proven oil reserves of the ability to survive. This is unfortunate. The new model we propose for Nigeria recognizes that revenue in the world today is promoted by two main sources namely, human capital development leveraging on technology to drive the critical sectors of the economy and agriculture.



“Nigeria beyond oil must contemplate the implementation of legislative independence to the federating units, sovereignty of mineral and oil resources to the federating units, a painstaking resolve to support all electoral processes and candidates that would bring about this change.”

Afenifere leader Ayo Adebanjo criticised President Muhammadu Buhari and Vice President Yemi Osibajo for singing discordant tunes on restructuring.


(The Nation News Nigeria)

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