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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...
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2019: Buhari presented hopeless budget to National Assembly - Saraki - Daily Post News Nigeria


Senate President, Dr. Bukola Saraki, has described the 2019 budget proposal as hopeless.

The appropriation bill was presented by President Muhammadu Buhari to a joint session of the National Assembly on Wednesday.

Saraki said the budget proposal, as presented by President Buhari, failed to indicate how it will be funded.

Saraki stated this in Abuja on Thursday where the presidential candidate of the Peoples Democracy Party, PDP, Alhaji Atiku Abubakar, was billed to address some Civil Society Organisations, CSOs.

He spoke in his capacity as the Director General of the PDP Presidential Campaign Organisation.

“We all heard the 2019 budget. That is a budget that has no hope for anybody because when you look at the statistics and the figures, there is poverty. If you look at the figures based on revenues that are coming in, there is nothing left, so where is the future?” Saraki asked.

“There must be an alternative and that is what we hope that by this evening, speaking to our candidate and vice presidential candidate, is not based on sentiments. We are not voting on sentiments we are voting on what is in it for you.

“How is your life going to be better? Which party offers you a better future because we see you as those who are patriotic and committed? It’s not about what you will get today. It is about this great country. A lot of you have been making sacrifices over the years,” he said.

posted from Bloggeroid

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