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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

Dozens feared dead in Cross River tanker explosion

A tanker loaded with petroleum product exploded yesterday, killing over sixty persons along Odukpani axis of Ikom/Calabar highway in Cross River.The sad incident took place yesterday at about 4pm close to the Federal Housing estate in Odukpani. An eyewitness said the tanker fell off while descending the hill into a ditch and minutes later, people were seen running to the scene with gallons and other containers to scoop fuel when it exploded.

Sympathisers pulled one of the victims out from the inferno alive but he was completely burnt. Police Public Relation Officer, DSP Irene Ugbo confirmed the incident, saying that the number of casualties cannot be ascertained for now since the fire was still raging.

In related tragedy, gunmen have kidnapped a broadcaster with the Cross River Broadcasting Corporation (CRBC) in Calabar, Petertex Etim popularly known as The Godfather. He was abducted yesterday in his house along Chamley Street in Calabar South and whisked away in a waiting vehicle.

According to a close source, “He was supposed to read the news on radio this morning, but of course could not anymore. He is not a politician or involved in any controversy, he is such an easygoing guy so why should something like this happen to him? Could it be mistaken identity? No one knows. His phone number has been switched off and the kidnappers have not gotten in touch. It is really unfortunate,” the person said. While contacted, Ugbo, confirmed the incident, stating that they were aware.

(Nigerian Guardian News)

posted from Bloggeroid

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