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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

Armed robbers kill seven in Ondo bank attack

Armed robbers on Monday raided a commercial bank at Ido-ani, Ose Local Government Area of Ondo State, killing seven persons in the process.

The robbery was said to have occurred at about 2 p.m. at the only commercial bank in the community located at Isewa quarters of the town.

Reports gathered that those affected were five officials of the bank, a vice-principal of a school who was at the bank as a customer, and a policeman.

The robbers reportedly carted away an undisclosed amount during the operation which lasted for about an hour.

Witnesses say the robbers stormed the bank premises shooting sporadically and proceeded to the banking hall after destroying the security doors with dynamite.

Although efforts were made to get the attention of soldiers at Isua Akoko military check point and the police in the town, the robbers had concluded their operations before the soldiers arrived.

Besides the dead, some others received various degrees of injuries from gunshots and are receiving treatment at the Federal Medical Centre, Owo and at Ido-Ani General Hospital.

The Ondo State Police Public Relations Officer, Femi Joseph, a superintendent of police, confirmed the incident.

He said one of the robbers was arrested and a full scale investigation has started.

He, however, would not give further details on the suspect, saying investigation was ongoing.

(Breaking Times News Nigeria)

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