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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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#RevolutionNow: Sowore, Bakare unable to meet bail conditions


Sowore

The convener of #RevolutionNow protest, Omoyele Sowore and his co-defendant Olawale Bakare charged with treasonable felony are yet to meet the conditions attached to the bail granted them on October 4, 2019 by a Federal High Court in Abuja.
Sowore and Bakare were granted by in a ruling last Friday by Justice Ijeoma Ojukwu who attached conditions, which his lawyer, Femi Falana (SAN) described as stringent.
It was learnt on Wednesday in Abuja that their lawyers have decided to return to court to seek a reduction in the bail conditions to those which the defendants could readily meet.
Justice Ojukwu had, while granting them bail, Justice Ijeoma Ojukwu also barred them from participating in any form of protest pending the conclusion of their trial.
The judge, who granted Sowore bail at N100million and two sureties in the same amount, barred him from travelling out of Abuja.
The judge also ordered him (Sowore) to deposit N50m in the account of the court as security.
She granted Bakare bail at N50m with a surety in the same amount and barred him from travelling out of his base in Osogbo, except while coming for the trial in Abuja.
The judge added that the sureties, who must be resident in Abuja, must also have landed assets worth the bail sum in Abuja, and should deposit the original title documents of the assets with the court.
Justice Ojukwu ordered that the defendants be remanded in the custody of the Department of State Service (DSS) pending when they are able to meet the bail conditions.

Source;  The Nation Nigeria
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