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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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Sue employers that pay below New Minimum Wage - Presidency tells Nigerians

President Muhammadu Buhari, on Thursday signed the Minimum Wage Repeal and Reenactment Bill, 2019 into law.

Assistant to the President on National Assembly Matters (Senate) briefing State House correspondents at the
Presidential Villa, Abuja said workers now have the right to sue any employer who pays less than N30,000.

Enang said: “Buhari assent makes it compulsory for all employers of labour in Nigeria to pay their workers the sum of N30,000 and this excludes persons who are employing less than 25 workers; persons who work in a ship which sail out of jurisdiction; persons who are in other kinds of regulated employments are excepted by the Act.

“It also gives the workers the right if you are compelled by any circumstance to accept salary that is less than 30,000 for you to sue your employers to recover the balance.

“It authorises the minister of labour and any person nominated by the minister of labour or any person designated by the minister of labour in any ministry, department or agency to on your behalf take action in your name against such employer to recover the balance of wages.

“It also ensures and mandates the National Salaries, Incomes and Wages Commission and the minister of labour to be the chief and principal enforcers of the provisions of this law; and this law applies to all agencies and persons and bodies throughout the Federal Republic of Nigeria.”

(Daily Post News Nigeria)
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