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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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PRESIDENT BUHARI TO VISITS SOUTH AFRICA OVER WELFARE OF NIGERIANS

President Muhammadu Buhari
Photo Credit; @Mbuhari



The presidency through a press released announced that
President Muhammadu Buhari will departs Abuja Wednesday on a three-day State Visit to the Republic of South Africa, following an invitation by President Cyril Ramaphosa, to discuss welfare of Nigerians, and find common grounds for building harmonious relations with their hosts.

The visit comes against the background of recent xenophobic attacks, the evacuation of hundreds of Nigerians and the exchange of visits by Special Envoys of Presidents Buhari and Ramaphosa.

While in SA, PMB will hold a town hall meeting with Nigerians living in the country, with a view to sharing in their experiences and reassuring them of Nigerian government’s commitment to working for the protection of their lives and property and promoting peaceful co-existence.

Presidents Buhari and Ramaphosa will preside over the South Africa/Nigeria Bi-National Commission, during which a progress report will be presented. At the end of the meeting, both leaders will sign a joint communiqué.

Read Full Independence Speech By President Muhammadu Buhari

The President and his delegation including Nigerian business representatives will also participate at a South Africa-Nigeria Business Forum with their host counterparts.

President Buhari will be accompanied by Governor Abdullahi Umar Ganduje of Kano State, Governor Simon Lalong of Plateau State and Governor David Umahi of Ebonyi State.

Others are: Minister of Foreign Affairs, Geoffrey Onyeama; Minister of Defence, Maj. Gen. Bashir Magashi (retd); Minister of Power, Eng. Saleh Mamman; Minister of Interior, Rauf Aregbesola; Minister of Mines and Steel Development, Arch. Olamilekan Adegbite; Minister of Police Affairs, Maigari Dingyadi; and Minister of State, Industry, Trade and Investment, Amb. Mariam Katagum.

Also on the trip are: National Security Adviser, Maj. Gen. Babagana Monguno (retd); Director-General, National Intelligence Agency, Amb. Ahmed Rufai Abubakar; and Chairman/CEO Nigeria Diaspora Commission, Hon. Abike Dabiri-Erewa.

The President will return to Abuja on Friday.


Source; @NGRPresident/Twitter
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