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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

Shi'ite protest: Buhari mourns Channels TV reporter, Deputy Commissioner of Police

President Muhammadu Buhari has commiserated with families of Precious Owolabi, a National Youth Service Corps (NYSC) member with Channels Television and Deputy Commissioner of Police, Usman Umar of the Federal Capital Territory Police Command, who died during the violent protest by members of the Islamic Movement of Nigeria (IMN) in Abuja on Monday.

The President also condoled with the management and staff of the television station and police leadership over the loss.

In a statement by the Special Adviser on Media and publicity, Femi Adesina, the President urged them to remain steadfast and committed to their professional callings.

Describing Owolabi and Umar as “law-abiding, hardworking and vibrant Nigerians with a promising future,” President Buhari called their untimely fate “sad, regrettable and worrisome.”

Sequel to his directive to the leadership of security and law enforcement agencies to safeguard the nation against such mindless attacks, the President reassured residents of Abuja in particular and the country in general to go about their lawful activities without fear.

President Buhari added that perpetrators of the mayhem will not go unpunished, stressing that no government can tolerate unceasing affront to constituted authority.

According to the President, “Let nobody or group doubt or test our will to act in the higher interest of majority of our citizens.”

He prayed God Almighty to grant rest to the souls of the departed and speedy recovery to the injured.

The Nation News

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