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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

Partial Border closure: Customs seize 1,072 vehicles, 19,000 bags of foreign rice

Smuggled Rice Seize by Custom

The Nigeria Customs Service (NCS), says it has seized no fewer than 1,072 vehicles from suspected smugglers since the closure of Nigerian borders with neighbouring countries.

NCS Public Relations’ Officer, Mr Joseph Attah made the disclosure on Friday in Katsina during a sensitisation programme on the Border Drill Operation.

He said that the vehicles were seized while trying to cross into the country through illegal routes.

Attah said that over 19,000 bags of foreign rice and 4,765 Jerry cans of petrol were also seized adding that two fuel tankers were also impounded.

The PRO revealed that thousands of ammunition were seized, while 317 suspects were arrested during the period.

He said that 131 bags of NPK fertilisers, which would have been used to make explosive device were seized, while 146 illegal immigrants without genuine travel documents were arrested.

He pointed out that the closure had helped in ensuring security for the citizens as well as improved the nation’s economy.

“Anytime you buy a foreign rice, you have empowered foreign farmers, while our farmers are suffering in spite of government interventions like Anchor Borrower, which is aimed at boosting rice production.

“We are now like candles burning ourselves and lightening others,”he said.

He, however, justified why the government launched the ongoing Border Drill Operation to check the menace of smuggling and illegal immigrants into the country.

In his remarks, the State Coordinator, National Orientation Agency (NOA), Alhaji Armayau Rimaye, said that the country has potentials for self sufficiency in food production.

Source; Tribune Online

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