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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

Finally, Nigerian govt sets date for minimum wage bill


Chairperson of Nigeria Labour Congress (NLC), Mrs Mata Banki (R) addressing workers over non-implementation of the new minimum wage for workers, in Kaduna on Tuesday (8/1/19). 00195/8/1/19 Ibrahim Bashir/JMH/BJO/NAN

The Nigerian government has finally set a date for the transmission of a bill for a new national minimum wage, a move aimed to stop the organised labour from starting a strike about a month before presidential election.

The federal government has repeatedly dithered on the labour’s demand for a new wage figure, refusing to commit to N30,000 recommended by a tripartite committee.

Still, President Muhammadu Buhari assured he would review the recommendation and send a bill backing a new wage figure to the National Assembly.

With the Nigeria Labour Congress and its affiliate unions threatening a protest and a nationwide strike, the government on Tuesday agreed to send the bill on January 23.

The decision came after three days of talks.

The labour unions agreed to the date, but warned it would not tolerate a breach.

The unions threatened the process will be reviewed with necessary action taken without reverting to the government.

The national president of the NLC, Ayuba Wabba, urged the government to keep to the date so that the process can be completed.

Tuesday’s meeting held between 1p.m. and 3:30p.m. at the Federal Ministry of Labour and Employment.

The meeting took place the same day the labour unions held a nationwide protest over the minimum wage.

The NLC has been at loggerheads with the federal government over a new minimum wage.

The NLC and other labour unions demand that the national minimum wage be increased to N30,000 from the current N18,000.

Details later

(Premium Times News Nigeria)

posted from Bloggeroid

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