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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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Xenophobia: FG gives update on latest attacks in South Africa




Abike Dabiri





Chairman of Nigerians in Diaspora Commission (NIDCOM), Mrs Abike Dabiri-Erewa, has said Nigeria and South Africa will implement the “Early Warning Signal” mechanisms signed by the two countries to curb xenophobic attacks.

A statement on Wednesday by the Head of Media Unit of NIDCOM, Mr Abdur-Rahman Balogun, quoted Mrs Dabiri-Erewa as speaking against the backdrop of renewed xenophobic attacks on Nigerians.

Quoting Mrs Dabiri-Erewa, the statement said: “The Consul-General, Godwin Adama, is on top of the situation. He is currently in Widbank, Mpumulanga, where the crisis happened. He is at a meeting with the highest police authorities there.

“The mission intervened immediately and the situation is currently under control.

“After this meeting, a meeting with Nigerians along with the South African Police will hold.”

The NIDCOM chairman said further developments at this stage would be taken up at the ministerial level, between the two ministers of Foreign Affairs of both countries.

President Muhammadu Buhari was in South Africa between October 3 and October 5 on a state visit, which coincided with the xenophobic attacks on Nigerians.

Series of agreements and Memorandum of Understanding (MoU) were signed by the two African states to cement the relationship and nip the hostilities in the bud.

Source; Daily Post
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Location: Lagos, Nigeria

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