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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

Queen Elizabeth approves Boris Johnson's ploy to quell Brexit fight in Parliament

Future of Brexit: Will Britain be out of the EU in a year?


'The Next Revolution' host Steve Hilton on the debate over Brexit.

British Prime Minister Boris Johnson won Queen Elizabeth's approval to end Parliament's current session, a move that effectively narrows the window for political opponents to fight his plan to leave the European Union by the end of October even if he can't get a trade deal.


Johnson, who has long supported pulling out of the trading bloc in which Britain worked for decades to gain entry, is grappling with resistance from majority party dissenters as well as the opposing Labor Party, whose leader, Jeremy Corbyn, has vowed to halt Brexit


The fledgling prime minister gained his post earlier this year after predecessor Theresa May failed to win Parliament's approval for a detailed plan negotiated with the EU that would govern the island nation's departure.

Among the obstacles was the potential for a hard border between Ireland, which will remain in the EU, and northern Ireland, which would leave along with Britain. British leaders feared a patrolled boundary limiting travel between different parts of Ireland could reignite decades of bloody conflict that came to an end with a truce in the late 1990s.

Johnson's alternative to May's proposal, however, was rejected
by the EU a week ago. Afterward, with critics mobilizing against his Brexit plans, Johnson asked the queen's permission to end Parliament's current session in mid-September and convene a new one in mid-October, with just two weeks remaining until the Oct. 31 deadline.

“As always, my door is open to all colleagues should you wish to discuss this or any other matter," Johnson said in a letter released Wednesday.


Scottish First Minister Nicola Sturgeon was quick to blast the move: "Boris Johnson may actually be about to shut down Parliament to force through a no-deal Brexit," she wrote on Twitter. Unless members of Parliament come together to stop him next week, she added, "today will go down in history as a dark one indeed for UK democracy.”

Scotland's relationship with England has long been contentious, as the northern country sought independence several times, and a majority of its voters wish to remain in the European Union

Liberal Democrat leader Jo Swinson echoed fury throughout the U.K. parliament, telling news outlet The Guardian that Johnson is embarking on a “dangerous and unacceptable course of action.” Shutting down Parliament she said, "would be an act of cowardice."

Brexit Party leader Nigel Farage said in a tweet the British government’s move makes a no-confidence motion in Johnson's government, which would trigger a new election, “now certain.”

The European Union, for its part, has worked to stay out of the British government's infighting. EU Commission spokeswoman Mina Andreeva said Wednesday that the bloc “is not commenting on internal political procedures of our member states. And we’re also not going to speculate what this means in terms of next steps.”

In the U.S., President Trump, a fan of the new British prime minister, took to Twitter Wednesday to denounce British opposition efforts and Corbyn's leadership.

Nations across Europe, meanwhile, are bracing for the consequences of a no-deal Brexit. In the U.K., a leaked internal parliamentary dossier revealed officials expect delays at major ports, tariffs and trade checkpoints, causing food, fuel, and medication shortages

The British pound dropped sharply to $1.2187 on Wednesday from about $1.23 the day before, signaling investors are growing more pessimistic about the country's prospect as Brexit nears.

Fox News

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