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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...

We're yet to take a position on NASS leadership - PDP

ABUJA-The Peoples Democratic Party, PDP, has said its leadership and elected federal lawmakers have not taken any official position on who to lend support for the position of presiding officers of both the Senate and the House of Representatives.



The party said its position is predicated on reports in a section of the media suggesting that its members-elect in the House of Representatives have settled for a particular aspirant as the new Speaker.

A statement signed by its spokesman, Kola Ologbondiyan read: “The PDP is still consulting with its members-elect and no official position has been taken on the issue, particularly as the positions of presiding officers are not exclusive preserve of the ruling party or any other party for that matter, but a constitutional right of every elected lawmaker in their respective chambers.

“Moreover, the PDP has an array of elected lawmakers, in both chambers, who are eminently qualified and equally popular among their colleagues, across the divide, to hold office as presiding officers of both chambers of the National Assembly, in line with Section 50 of the 1999 Constitution (as amended).

“What is important to Nigerians is the emergence of a purposeful leadership that will ensure accountability and good governance in the polity.

“The PDP, as a party committed to the wellbeing of our nation, will remain focused in our determination to rescue our nation from incompetent system and therefore urges Nigerians to discountenance such reports suggesting that our lawmakers have settled for a particular aspirant for any presiding office in the National Assembly.”

(Vanguard News Nigeria)

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