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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

Lagos train commuters send pleading message to FG

Commuters on the Lagos-Ogun Mass Transit Train Services (MTTS), have called on the Federal Government to replace the locomotive engines and coaches on the narrow gauge to enhance services.

The commuters, while speaking with the News Agency of Nigeria (NAN) Correspondent onboard to monitor the MTTS operation on Wednesday evening, said that the train service needed an upgrade and improvement.
According to the commuters, we suffered a lot to move around between September 2019, when the Nigerian Railway Corporation (NRC) shut down its operation and Jan. 23, 2020, when the operations were resumed.
Speaking at Ebute-Metta Junction Railway Station before boarding, Mr. Matthew Omoniyi, a Stockbroker, said that train services on a narrow-gauge line returned with some efficiency but with old engines and coaches.
Omoniyi, an Ijoko-bound commuter, who commended the Federal Government’s efforts on Lagos-Ibadan Standard Gauge rail line, said that the narrow gauge line should be made befitting and comfortable.
“Service has improved but unfortunately we cannot call this kind of locomotives and coaches on the narrow gauge the state-of-the-art, they must be changed.
“The government is still using the old coaches and old engines that are not functioning well. Occasionally, the engines break down in the middle of the journey and passengers are stranded.
“It is better the government either maintains them or scrap them and bring in new engines because the narrow gauge is what the masses need. For instance, these engines cannot pull more than the 12 or 14 coaches.
“If the engines can pull up to 25 coaches and those coaches are available, most of the challenges of overcrowding and sitting on the rooftop of a moving train will end.
“The NRC cannot add coaches to these engines because they are old; the engines will not be able to pull them and that is what causes train congestion and lack of comfort,” Omoniyi said.


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