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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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Osinbajo Departs Nigeria For UAE Peace Forum





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Vice President Yemi Osinbajo has departed Abuja for the City of Abu Dhabi in the United Arab Emirates.

He is expected to speak on ‘The Role of Religions in Promoting Tolerance: From Possibility to Necessity’ at the Sixth Assembly of the Forum for Promoting Peace in Muslim Societies.

A statement by his Senior Special Assistant on Media and Publicity, Laolu Akande, said that VP Osinbajo’s speech is scheduled as the forum’s keynote address.

“The Assembly of the Forum for Promoting Peace in Muslim Societies is an annual event organized by the government of the United Arab Emirates.

“Prof. Osinbajo’s speech is scheduled as the forum’s keynote address.

“The Sixth Assembly envisages an opportunity to initiate a civilized dialogue on the formulation of a new concept of tolerance, one that is humane and generous, and to transform a perspective that makes tolerance a religious imperative.”

He also stated that VP Osinbajo will be at the Presidential Palace in Abu Dhabi, to meet with Sheik Mohammed Bin Zayed Al Nayan, the Crown Prince of the Emirate of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces.

Both leaders are expected to discuss bilateral issues on how to continue to expand diplomatic and economic relationships between Nigeria and the UAE.

“At the Presidential Palace in Abu Dhabi, the Vice President will meet with Sheik Mohammed Bin Zayed Al Nayan, the Crown Prince of the Emirate of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates Armed Forces. Both leaders will discuss bilateral issues on how to continue to expand diplomatic and economic relationships between Nigeria and the UAE.”
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