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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

Ile Arugbo Demolition: Parties Agree To Out-Of-Court Settlement

File photo of the demolished Ile-Arugbo property with a photo combination of former Senate President Bukola Saraki and Kwara State Governor AbdulRahman AbdulRazaq.

Following the demolition of Saraki’s family property popularly known as Ile Arugbo (old people’s home) in Ilorin, the Kwara State capital, all the parties concerned have agreed to settle out of court.

 Channel TV News reported that, during the hearing of the case at Kwara State High Court on Friday, counsels to both parties told the presiding judge, Justice Abiodun Adewara, that all the parties have agreed to an out-of-court settlement.

They also fixed a meeting for January 27 on how to find an amicable resolution.

In his ruling, Justice Adebara commended both sides and wished them well in an effort to settle devoid of acrimony.




He then adjourned till March 2, 2020, for the report on the settlement.

The Kwara State Government had on January 2 demolished Ile Arugbo, said to have been built by the late Saraki on a land portion said to be originally meant for the building of the Kwara State Government Secretariat.

Family of the late Senator Olusola Saraki then dragged the Kwara State Government to court following the demolition.

Justice Adewara, however, admonished the parties to give peace a chance and discuss for an amicable resolution to the dispute brewing from the demolition of the property.

In response to this, the Saraki family sought an out-of-court-settlement with the Kwara State Government.

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