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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

Nigerian electricity workers end strike









Electricity workers end strike that shut the national grid

 PM News reports that Nigerian electricity workers blamed for the collapse of the National Grid have suspended their strike.

In an email to customers today, Eko Electricity Distribution Company(EKEDC) announced the suspension.

“Dear customer, NUEE has ended its strike. Our offices & payment channels are open for business. Thank you for your patience & understanding”.

National Union of Electricity Employees general secretary, Joe Ajaero also confirmed the suspension of the strike. ThisDay reported Ajaero saying the grievances of the workers had been addressed by a meeting that ended early today.

“We have concluded deliberations and all issues were addressed but we are awaiting implementation.

On Wednesday, NUEE members on Wednesday barred the Minister of Power, Saleh Mamman, from gaining access into his office in protest against the dismissal of their colleagues without payment of terminal benefits among other grievances.

The workers picketed the headquarters of the Federal Ministry of Power, Abuja, disrupting the day’s work.

They also denied personnel of the ministry access to their offices.

In different statements, DisCos said the blackout being experienced across the country was as a result of the industrial action by electricity workers.

The Ibadan Electricity Distribution Company (IBEDC), the country’s largest power distributor said the action has led to a nationwide shut down of electricity installations and has resulted in the disruption of service across its network.”

“We sincerely apologise for all inconveniences to our esteemed customers. Power will be restored immediately the strike is called off.”

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