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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...
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N30,000 minimum wage: Nigerian Government announces move to avert labour strike - Daily Post Nigeria


The Federal Government has explained the reason for the scheduled meeting with executives of the organized labour.

FG said the meeting was to avert the threat of industrial action over the new minimum wage of N30,000.

The President Muhammadu Buhari government, through the Minister of Labour and Employment, Chris Ngige invited executives of the organized labour for a meeting on Friday at the Conference Hall of the ministry.

This was contained in a statement signed by the Director of Press, Ministry of Information, Samuel Olowookere in Abuja, Wednesday.

The statement said, “Towards nipping in the bud threat of national industrial action by the Nigerian Labour Congress (NLC) over the transmission of the New National Minimum Wage to the National Assembly.

“The Honourable Minister of Labour and Employment Sen. Chris Ngige is scheduled to hold a meeting with the Executives of the Organised Labour Union…”

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