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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

Two buildings collapse in Lagos



One of the collapsed buildings on Friday

Two buildings on Friday collapsed at Okota and Lagos Island areas of Lagos, Southwest Nigeria.

On 12 Alasepe Street, off Community Road, Ago Palace Way, Okota, a three-storey building under construction collapsed, with one person trapped, who was later rescued while on Lagos Island, a two-storey building collapsed at Agarawa area.

 PM News reported that Dr Femi Oke-Osanyintolu, Director-General, Lagos State Emergency Management Agency, LASEMA, confirmed that no life was lost in the two collapsed buildings.

On the Ago Palace Way collapse, Oke-Osanyintolu said upon arrival at the incident scene, it was observed that a three (3) storey building approaching completion had collapsed.

“An adult male is presently trapped under the rubble and the LRT has commenced a rescue operation,” he said.

According to him, initial findings revealed that the collapsed building was a Three Storey building under construction and that the impact of the collapse had affected the adjacent structure, while the resultant crowd was under control.

He added that extrication and recovery of the trapped man was ongoing using all Emergency Light Tools at our disposal and once completed, the remains of the structure would undergo a controlled demolition exercise.

On the building collapse at Agarawu, Lagos Island, Oke-Osnyintolu said upon arrival at the scene of the incident, it was discovered that an old two-story building collapsed as a result of lack of maintenance and structural instability.

“However, no loss of life nor injury sustained at the scene of the incident. LRT, LNSC, Police, LASAMBUS are responders at the scene of the incident. Recovery operation ongoing,” he said.

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