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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...

Justice Onnoghen: Why CJN refused to appear in court


Chief Wole Olanipekun SAN has explained why the Chief Justice of Nigeria, CJN, failed to appear before the Code of Conduct Tribunal, CCT, on Monday.

Olanipekun led 46 Senior Advocates of Nigeria and 43 other lawyers to the CCT on Monday in defence of the CJN.

He told the tribunal that the CJN had filed a motion dated January 14, challenging the jurisdiction of the tribunal to try him.

“We are not just challenging jurisdiction, we are even challenging the jurisdiction of this tribunal to even sniff that charge”, Olanipekun submitted

The charge that was filed by the Code of Conduct Bureau, CCB, had accused the CJN of operating foreign bank accounts aside allegation that he failed to declare his assets.

(Daily Post News Nigeria)

posted from Bloggeroid

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