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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

Court Issues Warrant Of Arrest For Briton Linked To P&ID Case







The Federal High Court sitting in Abuja has granted a request by the Economic and Financial Crimes Commission (EFCC) to arrest a Briton, Mr Adam Quinn, over his alleged involvement in the P&ID case.

The development arose from a suit between the Federal Government and Goidel Resources Limited, ICIL and James Nolan.

The EFCC had sued both Nolan and Quinn, alleging that both men used the two firms (Goidel and ICIL) for money laundering.

Mr Nolan is also said to be a signatory to P&ID accounts.

When the matter came up for hearing the EFCC lawyer, Mr Ekele Iheanacho, informed the court that he has a motion to arrest one of the persons named in the charges.

Mr Iheanacho said the application is dated December 16, with an affidavit in support and written address also dated December 16 and filed December 17.

In the said application, the lawyer said he wants, “an order of the honourable court issuing a warrant for the arrest of Adam Quinn, named in counts 21 of the 32 count against him and Mr Nolan and their companies for him to be brought before the court to face trial.

Mr Iheancho said Mr Quinn is currently not within the court’s jurisdiction, “but if the request of the EFCC is granted it will commence an extradition process in this matter.”

Justice Okon Abang in a short ruling said: I have considered the application argued now; I think it deserves to succeed to enable the counsel that represents the Federal Government of Nigeria to commence prosecution of Adam.

“It is ordered as prayed in line with the motion, the order is hereby made for a warrant of arrest of Adam whose name appeared severally to enable Federal Government of Nigeria to commence his prosecution to enable him to answer questions on the charge,” Mr Abang ruled.

The court adjourned to January 20 and 21, 2020, for the continuation of trial.

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