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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

JUST IN: Tension in Ife over killing of Yoruba, Hausa labourers at mining site








There was palpable tension on Friday in Sabo area of Ile-Ife, Osun State on Friday, following an alleged killing of two persons at a mining site in Aruwa village in Atakunmosa Local Government Area of Osun State.

The two labourers, one Hausa and the other Yoruba, were allegedly killed during a fracas at the mining site.

An eye witness, who preferred anonymity, said: “The death of that Yoruba labourer is what is presently creating tension amongst Northerners living in Sabo area of Ile-Ife because of their experience in 2017.

“Since many of those Northern labourers reside at Sabo, there is an apprehension that the Yoruba might want to revenge the death of their kinsman the way it happened then, which made those northerners to come out with weapons to defend themselves and their property.”

Meanwhile, tension is building up in the Sabo area of Ife as there were sporadic gun shots that had left many business owners to hurriedly close for business.

A resident however confirmed that the gunshots were from the security operatives deployed to the area.

The Police Public Relations Officer for Osun Command, Mrs. Folasade Odoro, who assured that the situation was under control, said: “The Commissioner of Police has deployed men to the area to douse the tension there. So, there is no reason for people to panic.”

Source;The Nation

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