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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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FG Reopens Kara End Of Lagos-Ibadan Expressway







The Federal Government has reopened the Kara Bridge axis of the Lagos-Ibadan expressway.

The re-opening of the road began at about 9:00 am on Sunday and has brought about an easier flow of traffic on the highway which has otherwise been notorious for serious traffic jams since the commencement of the reconstruction.

It had been partially closed in September when the reconstruction work commenced and traffic was diverted on both sides of the expressway.

Both in and out-bound motorists who have had to use the expressway have had to endure the gridlock which sometimes lasted for hours.

However, with the development, commuters may now be able to heave a sigh of relief especially as the festive period approaches.

Reconstruction of the other half of the road is expected to commence in January 2020.

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Location: Lagos, Nigeria

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