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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

EU deploys election observation mission to Nigeria


The European Union (EU) has deployed a high-level election observation mission to monitor the February General Elections in Nigeria.

Mr Federica Mogherini, High Representative of EU for Foreign Affairs and Security Policy; and Vice-President of the EU Commission, made the announcement in a statement on Friday in Abuja.

Mogherini said that EU had appointed Maria Arena as the Chief Observer of the EU Election Observation Mission (EU EOM) for the elections scheduled for Feb. 16 and March 2.

He said the deployment of the observation mission followed an invitation by the Independent National Electoral Commission.

He said the EU had consistently followed electoral processes and deployed an EOM to Nigeria’s general elections since 1999, reflecting its long-term commitment to supporting credible, transparent and inclusive elections in the country.

“As Africa’s largest economy and a key political and economic player in West Africa, Nigeria is an important partner for the EU.

“The EU is committed to supporting Nigeria’s path towards stronger democracy and further political stability, building on the 2015 General Elections.

“I am confident that the deployment of an EU EOM, under the leadership of Chief Observer Maria Arena, will contribute to an inclusive and transparent electoral process,’’ he said

He also disclosed that Election Observation Mission Core Team of 11 EU election analysts, had arrived Nigeria on Jan. 4, and would stay in the country until the completion of the electoral process.

He said that the Core Team would be joined by 40 long-term observers, who will be deployed across the country later this month.

“The European Union’s Election Observation Mission looks forward to cooperating with other international and domestic observation missions

“Shortly after both election days, the mission will issue preliminary statements during press conferences in Abuja.

“A final report, including recommendations for future electoral processes, will be presented at a later stage, after the finalisation of the electoral process,” he said.

The statement also quoted Arena as saying it is a great honour for him to lead this important Mission to Nigeria.

“I hope that our observation will provide meaningful contribution to the electoral and democratic process in Nigeria,” he said (NAN)

(The Nation News Nigeria)

posted from Bloggeroid

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