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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...

2019| President Trump Set to Punish Nigerian Politicians - American Congressman Chris Smith - Breaking Times News Nigeria


American congressman, Christopher Smith, who is also the chairman of the House Foreign Affairs Subcommittee on Africa, has urged President Donald Trump to use his sanctioning authority to hold accountable any (Nigerian) official who subverts the 2019 electoral process or foment violence against citizens.

He issued a statement concerning the 2019 general elections, zeroing in on the North East violence which he believes is ‘largely attributable to Fulani extremists.’

Smith, who represents New Jersey’s Fourth District at the American Congress, wrote via his official website https://chrissmith.house.gov/news/documentsingle.aspx?DocumentID=401629.

He states: “I am very concerned by the current trajectory in Nigeria, Africa’s largest democracy and economy, and President Muhammadu Buhari’s apparent crackdown on non-violent protests and harassment of opposition leaders, such as freezing the assets of opposition vice presidential candidate Peter Obi and the raiding of the home of two sons of opposition candidate Atiku Abubakar.

“I also urge the Trump Administration to monitor the evolving situation closely, and not to hesitate to use its sanctioning authority to hold accountable any officials who subvert the electoral process or foment violence against citizens.”

Smith chaired a hearing on Nigeria on December 13, 2018, entitled “Nigeria at a Crossroads: The Upcoming Election.”

It may be recalled that the Buhari administration denied the allegation of freezing Peter Obi’s assets, while it also said that it was the home of the son of a former Governor of Abia State, Senator Theodore Orji, that was searched by the operatives of the Economic and Financial Crimes Commission, and not that of Atiku Abubakar’s two sons as alleged.

posted from Bloggeroid

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