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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

Expatriates; South Africa, Nigeria, Kenya and Egypt most dangerous places to live

Johannesburg – According to a survey conducted among expatriates Nigeria, South Africa, Kenya and Egypt are the most dangerous places in the world to live and work.

The latest Expat Insider Survey, done by InterNations, polled 20 259 expats representing 182 nationalities and living in 187 countries or territories, covering topics such as quality of life, cost of living, personal finance, safety and security and more, Africa News reported.

Brazil, however, matched South Africa and Nigeria as one of the worst destinations in regards to safety and security which covers peacefulness, personal safety and political stability.

South Africa came 63 out of 64 while Nigeria was listed at number 62, Kenya at 58 and Egypt at 52.

South Africa’s high crime rate, the possibility of imminent danger in Nigeria, Kenyan scams and foreigners being taken advantage of, and Egypt’s political insecurity were the reasons behind the four countries making their way on to the notorious list, according to questions answered by the expatriates.

Photo Credit:NewZimbabwe.com,
 Shopkeepers lose everything to looting in Johannesburg

Certain foreign and South African nationals in Johannesburg are left with nothing after falling victim to looting. South Africa has recently seen outbreaks of violence against foreign businesses, sparked by the perception that jobs are being taken...

African News Agency/ANA
Source: IOL News

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