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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

UPDATED: Senate Confirms Muhammed Nami As FIRS Chairman

A file photo of the Federal Inland Revenue Service (FIRS) office in Abuja. Photo: Twitter- @firsNigeria






The Senate on Wednesday confirmed the nomination of Muhammed Mamman Nami as the executive chairman of the Federal Inland Revenue Service (FIRS).

The confirmation followed the consideration and approval of the report of the Senate Committee on Finance, presented at plenary by the panel chairman, Senator Solomon Adeola.

The nomination of other members of the board was also confirmed by the Senate.

They include James Yakwen Ayuba, Ado Danjuma, Adam Baba Mohammed, Ikeme Osakwe, Adewale Ogunyomade and Ehile Adetola Aibangbee.

President Muhammadu Buhari had in a letter dated December 9, asked the Senate to confirm the appointment of Muhammad Nami as FIRS chairman.

According to a statement from the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, Nami is a well-trained tax, accounting, and management professional with highly rated qualifications and professional practice and licenses from relevant professional bodies.

He replaces Babatunde Fowler whose term of office expired on Monday, 9th December 2019.

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