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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

Senate Summons Aregbesola Over Visa-On-Arrival Policy



A file photo of the Minister of Interior, Mr Rauf Aregbesola.



The Senate on Tuesday has summoned the Minister of Interior, Rauf Aregbesola to explain details of the visa on arrival policy introduced by the Federal government.

President Buhari had announced that the new policy will come into effect from January 2020, but lawmakers argue that the policy is in furtherance of the continental free trade agreement which needs to be domesticated.

Senator Olubunmi Adetunmbi who cited Orders 42 & 52, moved a motion on the urgent need to seek domestication of the African Continental Free Trade Agreement by Act of the National Assembly.


The motion was also supported by Senators Basiru Ajibola, Enyinnaya Abaribe.

The lawmakers also asked that President Muhammadu Buhari sends the Immigration Act for amendment.

Senator Gabriel Suswam noted that “We must legislate on the policy before it is implemented. Let them bring the Immigration Act to amend so as to put this into consideration. The motion is in order and the President should send the Immigration Act for us to amend”.

In a similar view, Senator Ibikunle Amosun stated that “What this motion is trying to do is just to perfect what Mr. President has done. Since we have signed the AfCFTA, I think the next thing to do is to domesticate it.

“I want to strongly support that we ask the Executive to bring a Bill so that we can support what they want to do,” he added.

President of the Senate, Ahmad Lawan explained that Nigeria has signed other treaties and agreements and the Attorney General of Federation and Minister of Justice, Abubakar Malami, should forward the agreement to the National Assembly for ratification.

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