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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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Lagos Gov't introduces new transport policy to check pedestrian deaths

LAGOS—Lagos State Government has concluded plans to implement the new transport policy, Lagos Non-Motorised Transport, NMT, aimed at achieving zero pedestrian death in the state.

The state government added that the crux of the new policy was to protect the pedestrian who made several trips daily.

Commissioner for Transportation, Ladi Lawanson, who disclosed the planned implementation of NMT yesterday at a stakeholder’s workshop on Lagos Sidewalk Pilot Project held at Lagos Metropolitan Area Transport Authority, LAMATA headquarters, Ojota, stressed that the new policy would aid clean urban public transport system.

Lawanson lamented: “The interaction between pedestrian and motorized vehicles in Lagos is dangerous and not properly planned. Pedestrian and cyclists are frequently forced to walk and ride simultaneously on the carriageway sharing same road with motorized transport.”

(Vanguard News Nigeria)
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