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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

The reason Nigeria is underdeveloped — NIPR



NIPR FCT Chapter Chairman, Dr Tayo Haastrup


Dr Tayo Haastrup, Chairman, Nigerian Institute of Public Relations (NIPR), FCT Chapter, says leadership failure is the major cause of the country’s underdevelopment.

Hasstrup said this in Abuja on Tuesday during a news conference organised in preparation for the 2019 Annual General Meeting (AGM) of the NIPR FCT chapter holding between Nov. 5 and Nov. 7.

He said that the leadership failure cut across the societal spectrum but noted that the failure of political leadership appeared to be the biggest challenge the country faced presently.

“Part of the dilemmas is the lack of good succession plan for young people. This has become a clog in our quest for visionary leadership with the requisite drive to deploy our resources for the good of the populace.

“Hence, we today have a country with one of the best human resources, yet not living up to global expectations in all ramifications.

“It is on these grounds that the 2019 AGM of the NIPR FCT chapter with the theme: “The Leadership Question: Search for 21 Century Leaders”, is considered apt given the apparent leadership problem that has become a monster not only in Nigeria, but the whole of Africa.

“It is therefore, important to kick-start the process of national rebirth through provision of platform such as this to enable all stakeholders generate insight in the area of the type leadership Nigerians must look out for if we are to have hope of resolving our unresolved national issues.

“These unresolved issues are poverty, rapid urbanisation, regional integration, gender inequality, food, insecurity, violent conflicts and political fragmentation etc,” Hasstrup said.

Mr Franklyn Ginger-Eke, Chairman, NIPR’s 2019 AGM and Conference planning committee, said the NIPR was looking at the leadership question in Nigeria.

The committee chairman noted that the NIPR intends to utilise the conference as a platform to address the leadership challenge confronting the country.

According to Ginger-Eke, the country can’t afford to be left behind as it would be detrimental to have a process where leadership is an accident.

He said that there would an essay competition for selected secondary schools in the FCT.

“We added this to the programme because leadership begins with students; university undergraduates are also part of this process as Microsoft is collaborating with NIPR to train some of them.

“Dr Ladi Thompson is the keynote speaker for the AGM scheduled to hold between Nov. 5 and Nov. 7.” 

Source; NAN

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