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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

Ramaphosa; Without Nigeria’s Support, Our Freedom Would Have Come At Greater Cost

But making efforts to heal the wound caused by that sad episode, Ramaphosa on Thursday highlighted the importance and significance of Nigeria to South Africa’s existence.
Ramaphosa and Buhari

South Africa's President Cyril Ramaphosa speaks to Nigeria's President Muhammadu Buhari (R) at the State House in Abuja, Nigeria
President Cyril Ramaphosa of South Africa on Thursday night said that without the support of Nigeria, the country’s freedom would have come at a far greater cost.

Ramaphosa made the remarks during a state banquet organised in honour of President Muhammadu Buhari, who is on a three-day state visit to the former apartheid nation.

Relations between Nigeria and South Africa reached tipping point in August when xenophobic attacks affected dozens of Nigerians and their businesses, forcing the government to evacuate more than 300 people back home.

In anger, scores of Nigerians went on the rampage across the country, attacking South African businesses and anything associated with the ‘Rainbow’ nation.

But making efforts to heal the wound caused by that sad episode, Ramaphosa on Thursday highlighted the importance and significance of Nigeria to South Africa’s existence.

He said, “We owe our freedom to the people of Nigeria and the people of Africa.

“We pay tribute to Nigeria’s tireless support for the international campaign against apartheid.

“We will not forget how Nigeria spearheaded the call for political and economic sanctions against apartheid South Africa following the Sharpeville Massacre of March 21, 1960, which left many unarmed demonstrators dead.

“We will not forget the great sacrifices made by the Nigerian people in the 1970s and 1980s for the freedom that South Africans enjoy today.

“Without Nigeria’s support, our freedom would have come at a much greater cost.

“We will never forget the great debt we owe you and we will never allow the lawless actions of a few to undermine the bonds of friendship between our peoples.

“To concretise this, we have today inaugurated the first session of the Bi-national Commission presided over at Heads of State level, again symbolising the cordial and time-tested relations and the high esteem with which we regard our bilateral relations.”

Source; Sahara Reporters

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