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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

Coronavirus spreads to new countries as top official warns world 'not ready'


AFP / Hector RETAMAL
The number of fresh coronavirus cases is declining at the epicentre of the disease in China

The coronavirus epidemic caused more death and disruption on Tuesday, spreading to new countries as a top health official warned the world was "simply not ready" to contain it.

Even as the number of fresh cases declines at the epicentre of the disease in China, there has been a sudden increase in parts of Asia, Europe and the Middle East.

Entire towns and cities in different parts of the world have been sealed off in an attempt to stop the contagion, while hotels in the Canary Island and Austria were placed under lockdown on Tuesday because of suspected cases.

In Iran, which has reported 15 deaths from the disease out of nearly 100 infections, even the country's deputy health minister Iraj Harirchi said he had contracted the virus.

At the World Health Organization (WHO) headquarters in Geneva, Bruce Aylward, who headed up an international expert mission to China, told reporters that other countries were "simply not ready" to rein in the outbreak.
AFP / Pau Barrena
There has been a sudden increase of coronavirus cases in parts of Asia, Europe and the Middle East


"You have to be ready to manage this at a larger scale... and it has to be done fast," Aylward said, insisting all countries had to "be ready as if this hits us tomorrow".

- Spread to new countries -

The virus has killed more than 2,600 people and infected over 77,000 others in China. In the rest of the world, there have been more than 40 deaths and 2,700 cases.

Spreading along travel and trade routes, the disease has now reached dozens of countries, with Austria, Croatia and Switzerland becoming the latest additions on Tuesday.
AFP / STR
Financial markets have gone into a tailspin after grim news of deaths and outbreaks in the Middle East, Europe and Asia, even as the Chinese epicentre appeared to be calming

The disruption caused by the epidemic has also grown, with stock markets tumbling around the world, restrictions imposed on travellers and sporting events cancelled.

The WHO, the UN health agency, has called for countries to "prepare for a potential pandemic" -- a term used to describe an epidemic that spreads throughout the world.

The WHO has warned that poor countries are particularly at risk and has sent test kits and equipment to parts of the world with weaker health systems, such as Africa.

- Gulf cuts links to Iran -

In the Middle East, Iran has emerged as a major hotspot.

The death toll rose to 15 on Tuesday as three more people succumbed to the disease -- officially known as COVID-19.
FARS NEWS AGENCY/AFP / MEHDI MARIZAD
Iran has been scrambling to contain the epidemic since last week when it announced its first two deaths in Qom


The country has been scrambling to contain the epidemic since last week when it announced its first two deaths in Qom, a centre for Islamic studies and pilgrims that attracts scholars from abroad.

Gulf countries announced new measures on Tuesday to cut links with Iran in an attempt to stop the spread.

The United Arab Emirates suspended passenger and cargo flights to Iran, while Bahrain closed schools and nurseries for two weeks.

This came after the Gulf states of Kuwait and Bahrain announced additional cases.

- Games off -

South Korean President Moon Jae-in warned that the outbreak was "very grave" as his country's death toll rose to 10 and the number of confirmed infections approached 1,000 -- the largest total outside China.
AFP / Jung Yeon-je
People buy face masks at a retail store in the southeastern city of Daegu, South Korea

Scores of events have been cancelled or postponed as the outbreak has spread in the world's 12th-largest economy, from K-pop concerts to the World Team Table Tennis championship.

Parliament closed for cleaning on Tuesday after confirmation that a person with the coronavirus had attended a meeting there last week.

More than 80 percent of the infections have been in and around Daegu, South Korea's fourth-largest city.

Streets there have been largely deserted for days, apart from long queues at the few shops with masks for sale.
AFP / Miguel MEDINA
With police manning checkpoints to enforce a blockade, Italian Prime Minister Giuseppe Conte has said that residents could face weeks of lockdown


Most of the country's infections are linked to the Shincheonji Church of Jesus, an entity often accused of being a cult.

In Japan, a fourth former passenger of the coronavirus-stricken Diamond Princess cruise ship died, a health ministry official said. The man was in his 80s.

Nearly 700 people from the quarantined ship have tested positive for the illness so far.

Infections have also spiked inside Japan, with at least 160 cases including one death.

The government has expanded the number of hospitals that can receive suspected patients and asked people with moderate symptoms to stay home.
AFP / Laurence CHU
Spread of the coronavirus

Italy -- which has reported 10 deaths and over 300 cases -- has locked down 11 towns and Prime Minister Giuseppe Conte has said the measures could last weeks.

Upcoming football matches in Italy's Serie A and the Europa League will be played to empty stadiums.

- China returning to business -

In China meanwhile, the epidemic appears to be slowing.

Reassured by the official numbers, the country is gingerly returning to business.

Beijing is seeing more cars on the street, factories are resuming work, Apple is reopening several stores, and some regions are relaxing traffic restrictions.

But schools remain closed, the capital has a mandatory 14-day quarantine for returning residents, and authorities are keeping some 56 million people in Hubei Province -- the hub of the outbreak -- under lockdown.

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