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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

Why we demoted 7 professors, sacked workers —Otuoke varsity Registrar - Vanguard News Nigeria

YENAGOA—AUTHORITIES of the Federal University, Otuoke, Ogbia Local Council of Bayelsa State, yesterday, offered reasons seven professors of the institution were demoted and six non-teaching staff sacked over “lack of requisite scholarship and absconding from the school.”
 Otuoke varsity

Some dejected lecturers had last week said that sectional and tribal sentiments were responsible for the demotion of lecturers of professorship cadre and the indigent non-academic staff from Otuoke, the country home of former President Goodluck Jonathan.

The authorities of the university, through the Registrar, Mr. Iruo Yousuo, denied the claims of tribal sentiment in the action.

Yousuo, in a statement, stated that the Governing Council of Federal University, Otuoke at its 10th meeting made key decisions involving appointments and discipline including the resolution to sanitise the system in order to take the university to the greater height.


According to him, “Consequently, the Governing Council of the Federal University Otuoke have re-classified some academic appointments by downgrading seven teaching staff appointments to lower ranks for lack of requisite scholarship.

“Those affected are Dr. Steve Nwabuzor, who was downgraded from the rank of Professor to Lecturer 1; Dr. Leonard K Shilgba, downgraded from the rank of Professor to Senior Lecturer; Dr. Timothy Falade Obalade, downgraded from the rank of Associate Professor to Senior Lecturer; Dr. Felina Nwadike, downgraded from Associate Professor to Senior Lecturer; Dr. Sepribo Lawson-Jack, downgraded from the rank of Associate Professor to Lecturer 1; Dr. Marcellina Offoha, downgraded from the rank of Associate Professor to Lecturer 1; and Dr. Evans Eze, downgraded from the rank of Associate Professor to Lecturer 2.”

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