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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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Two unemployed men remanded in Kirikiri over alleged robbery



An Ikeja Chief Magistrates’ Court Thursday ordered two unemployed men to be remanded in Kirikiri Correctional Services for alleged stealing a Toyota Corolla valued N2 million at gunpoint.
Chief Magistrate O.A. Layinka said they will remain in custody of Kirikiri Correctional Services pending legal advice.
Samuel Adetunji, 22 and Yaya Alasa, 27, are facing a two count charge bordering on conspiracy and robbery brought against them by the Police before Chief Magistrate Layinka.
When the charges were read, Chief Magistrate Layinka did not take the plea of the defendants.
The prosecutor, Raji Akeem, a Superintendent of Police (SP) had told the court that Adetunji and Alasa committed the offence on May 22 at Oko-Oba, Agege.
SP Akeem said that the defendants and one other still at large, broke into the house of the complainant Mr. Segun Owolabi, by 2:35 a.m., while the complainant and his family were sleeping.
He alleged that the suspects pointed a gun at them and robbery them of their car and iPhone valued at N300, 000.
The prosecutor added that during investigation, the mobile phone was tracked to Magboro area of Ogun State while the two defendants were arrested.
Chief Magistrate Layinka has adjourned the case till November 11.

Source;The Nation
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Location: Lagos, Nigeria

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