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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...

Buhari finally speaks on ASUU strike, reveals what he will do - Daily Post News Nigeria


Buhari

President Muhammadu Buhari has urged the Academic Staff Union of Universities (ASUU) to suspend its on-going industrial action in the interest of the country.

Buhari gave the charge on Tuesday during the 3rd Convocation Ceremony of the Alex Ekwueme-Federal University, Ndufu-Alike, Ikwo (AE-FUNAI) Ebonyi.

DAILY POST had reported that the ongoing strike declared by the Academic Staff Union of Universities (ASUU) continues as the leaders of the union and the Federal government failed to reach an agreement again.

According to NAN, Buhari, who was represented by Mr Victor Onuoha, Deputy Executive Secretary of the National Universities Commission (NUC) said government was aware of the challenges confronting the sector.


“We are not unmindful of the funding challenge faced by the education sector, occasioned by dwindling resources and other competing national needs.

“We will, however, continue doing the needful to improve the nation’s educational sector within available, limited resources,” he said.
The President said that his administration realised the importance of education in nation building and pledged its continued support and provision to the sector.

“We will continue providing specific infrastructure through annual appropriation and other interventions such as the Tertiary Education Trust (TET) Fund, NEEDS assessment, among others.
“Universities have critical roles to play in nation building as they must justify their establishment through excellent, production-based research activities, innovative ideas, empowerment of youths among others,” he said.

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