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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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PDP suspends deputy chairman over anti-party activities

The Peoples Democratic Party (PDP) has suspended its deputy national chairman (north), Senator Gamawa Babayo, over negligence of duty and anti-party activities.

“The National Working Committee (NWC), of the PDP in line with Section 29 (2), a, b, and c of the Party Constitution, hereby suspends Senator Gamawa Babayo, the Deputy National Chairman (North),” PDP spokesman Kola Ologbondiyan said in a statement.

“His suspension is with immediate effect.”

His suspension came after the National Working Committee in its extraordinary session of the 5th of January 2019 reviewed the petition against Babayo.

Although the PDP did not mention any the party Babayo is culpable of relating with asides the PDP. it, however, stated that such acts were unacceptable according to its constitution.

“The NWC found merit in the petition on allegation of dereliction of duty and anti-party activity as contained in Section 58 (1) e, f, g, h of the PDP Constitution.

“Therefore, in the exercise of section 29 (2) a, b and c, the NWC hereby invokes Section 59 (1) d of the constitution of the PDP on the Deputy National Chairman (North) and accordingly suspends him from the party immediately,” Ologbondinyan said.

(Daily Post News Nigeria)

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