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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

South Africa dispatches emissaries to Nigeria and others calm xenophobia fears


South African President Cyril Ramaphosa make a speech at the official funeral service of the later former Zimbabwean president Robert Mugabe on September 14, 2019 at National Sports Stadium in Harare. – South Africa’s President Cyril Ramaphosa was jeered and whistled during his speech before he apologised for recent xenophobic attacks in his home country. At least 12 people have been killed this month in a surge in violence and mob attacks against foreign-owned businesses in and around Johannesburg, South Africa’s largest city. (Photo by Zinyange Auntony / AFP)

South African President Cyril Ramaphosa has sent high-ranking emissaries on a mission to reassure African countries after a wave of xenophobic attacks, the presidency said on Sunday.

At least 12 people have been killed in the surge of mob violence targeting foreign-owned businesses and homes, mainly in and around Johannesburg since the start of the month.

Hundreds of economic migrants from neighbouring Zimbabwe and Mozambique have fled to shelters and Nigeria has flown 600 of its citizens back home after they were targeted in the violence.

The mission, led by former minister Jeff Radeba, left South Africa on Saturday and will visit Nigeria, Niger, Ghana, Senegal, Tanzania, DR Congo, and Zambia, the presidency said.

Ramaphosa was jeered at on Saturday during his speech at Zimbabwe ex-leader Robert Mugabe’s funeral in Harare before he apologised for the attacks, which have been prompted by unemployment and poverty.

“I stand before you as a fellow African to express my regret and apologise for what has happened in our country,” Ramaphosa said at the state funeral.

His comments were met with cheers and blasts of air horns from the crowd.

South Africa, the continent’s second-largest economy, is a major destination for other African migrants. But they are often targeted by some locals who blame them for a lack of jobs.

Source: Nigerian Guardian News

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