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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

My first 60 days in office ll’ put an end to Apapa gridlock –Sanwo-Olu

The Lagos State governor-elect, Babajide Sanwo-Olu, has said he will end the protracted gridlock in Apapa area of the state within the first 60 days of his administration.

He said not minding the politics involved, he would rid the area of all the trailers whose operations have been responsible for the intractable gridlock.

Sanwo-Olu said this on Saturday during an interactive session with his classmates at the Executive Master of Business Administration class, University of Lagos, 1998/2000 set.

The erstwhile classmates held a Congratulatory Dinner Reception, in Sanwo-Olu’s honour at Wheatbaker Hotel in Ikoyi.

At the dinner, they presented to him a policy document designed by them, which contained their ideas and suggestions on some of what Sanwo-Olu could do in office to have a successful tenure.

They also asked him specific questions and his plans about them.

One of the questions was what he would do about the trailers causing the gridlock in Apapa.

Taking on the issue, Sanwo-Olu promised that within the first 60 days in office, he would rid Apapa of the trailers.

He said, “The Apapa trailer issue; it’s a campaign issue; it’s very serious; I’m going to take it very seriously.

“I believe that it is something that we are going to solve in the first 60 days of our government. Whatever is going to be required of us, we will take them out.

“There is a lot of politics being played around there. But no, it cannot be the way we’ll continue to live. We cannot continue to give excuses.”

The governor-elect, however, said as a long-term solution, his administration would develop the Badagry Port, to diffuse the pressure on the Apapa Port.

(Vanguard News Nigeria)

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