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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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Petrol tanker catches fire in Ogun


PMS laden truck catches fire in Idiroko, Ogun.

A tanker loaded with 33,000 litres of Premium Motor Spirit (PMS) leaked some of the inflammable product it was conveying around Ajileti, on Idiroko road, Ogun, causing fire that burnt two vehicles completely.

The Idiroko unit Command of Federal Road Safety Corps (FRSC) on Saturday in Ota, Ogun, said the accident happened at about 4.30 p.m. on Friday.

The Idiroko Unit Commander of FRSC, Mr Akinwunmi Olaluwoye, explained that the tanker was loaded with PMS and filled to the brim which leaked and caused the fire.

The unit commander said that no life was lost in the incident but the development disrupted traffic flow in Ajeleti area on Idiroko road.

“The FRSC wants to enjoin all tanker owners to install safety valves on their vehicles so that life could be saved when they spill their contents on the road,” he said.

Olaluwoye also said the FRSC had begun a public enlightenment campaign to educate motorists on the dangers inherent in some unwholesome practices.

He further implored tanker owners to properly maintain their vehicles before putting them on the road to avoid unnecessary loss of lives and property.

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Location: Lagos, Nigeria

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