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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

Israel restores Gaza fishing zone to ease humanitarian crisis


The move came just three days after Israel had reduced the offshore fishing limits in response to Palestinians floating balloons fitted with incendiaries over the border. (File/AFP)

COGAT, the defense ministry unit that oversees such regulations, said the fishing zone was being “expanded to 15 nautical miles”

It restores the fishing zone to the limits set in April ahead of Israel’s general election, and is the largest allowed in years

AFP


JERUSALEM: Israel said it eased on Sunday fishing restrictions off the blockaded Gaza Strip with the aim of preventing a deterioration in humanitarian conditions in the Palestinian enclave.
The move came just three days after Israel had reduced the offshore fishing limits in response to Palestinians floating balloons fitted with incendiaries over the border.
COGAT, the defense ministry unit that oversees such regulations, said the fishing zone was being “expanded to 15 nautical miles,” back up from 10.
It restores the fishing zone to the limits set in April ahead of Israel’s general election, and is the largest allowed in years.
“This measure is part of the civilian policy for prevention of deterioration in humanitarian conditions in the Gaza Strip and is consistent with the policy of distinguishing between terrorists and the unimplicated population,” COGAT said in a statement.
Palestinians in Gaza have frequently floated balloons fitted with firebombs over the border to damage Israeli property and have succeeded in setting fire to large areas of farmland.
The additional nautical miles are important to Gaza fishermen as they bring more valuable, deeper water species within reach.
Around 80 percent of Palestinians in impoverished Gaza are reliant on international aid, according to the United Nations.
Israel and Palestinian militants in Gaza have fought three wars since Hamas assumed power over the enclave more than a decade ago.
Four Israeli civilians and 25 Palestinians, including at least nine militants, were killed in an escalation earlier this month.
According to reports, a May 6 cease-fire included Israel taking steps to ease its blockade on Gaza, while Hamas in return would calm border protests

Arab News

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