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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...
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Accident; One dead, many trapped, as Multiple accident grounds traffic on Lagos- Ibadan Expressway

Accident scene at Otedola bridge


A multiple auto accident involving 10 vehicles occurred Wednesday morning on Otedola Bridge inward Berger, with many people trapped, causing traffic build up along the Lagos-Ibadan Expressway.

Reacting to the incident, the Lagos State Traffic Management Authority (LATSMA), said the “accident involved a containerized truck, a pickup and a high capacity bus as well as several cars.”

According to LATSMA, “the accident is said to involve up to 10 vehicles,” while it advised motorists to “use CMD road from Secretariat towards Otedola for now as we await more updates on this situation.”

The Lagos State-owned agency under the ministry of transport, in a post on its Twitter handle, @followlatsma said “Casualties still trapped in the pickup. The road is totally blocked for now. Emergency agencies are on ground.”

LATSMA said as a result of the accident, “the backlog of traffic now extended to Ojota Bridge for those going inbetween Berger, while the backlog for those going inbetween Tollgate have merged with the traffic from Kara.”

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Location: Lagos, Nigeria

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