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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...

Appeal Court Affirms Makinde’s Election As Oyo Governor






A file photo of Oyo State Governor, Seyi Makinde.

The Court of Appeal sitting in Ibadan has affirmed the victory of Mr Seyi Makinde of the Peoples Democratic Party (PDP) in the Oyo State governorship election.

The court upheld the decision of the Governorship Election Petitions Tribunal, which declared Governor Makinde as the winner of the March 9 poll, in a unanimous judgement delivered by Justice Abubakar Yahaya on Monday.

It, however, dismissed the appeal filed by the candidate of the All Progressives Congress (APC) in the election, Mr Adebayo Adelabu.

Justice Yahaya, the lead judge of the four-man panel, despite upholding the decision of the Tribunal, however, disagreed with the lower court on issues bordering on documents tendered by the APC.

He held that the documents tendered by the appellants ought to have guided the Tribunal through proper investigation, stressing that the pieces of evidence were also not adequately evaluated.

The lead judge noted that the Tribunal had committed a miscarriage of justice by its failure to analyse the tendered documents and its failure to evaluate the pieces of evidence presented by the APC.

In his reaction, the PDP lead counsel, Eyitayo Jegede, told reporters that Makinde remains the governor since there has been no counter directive by the appellate court on his victory.

The lead counsel to APC, Adeboye Shobanjo, on his part, agreed with the court for allowing the appeal to hold.

He, however, stressed that the Tribunal delivered a one-sided judgement.

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