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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

Nigeria to stop fish importation by 2022 – FG



Nigeria to stop fish importation by 2022 – FG

The Minister of Agriculture and Rural Development, Sabo Nanono, says following Federal Government’s effort to encourage local production, Nigeria may stop fish importation in 2020.

The minister made this known while receiving a delegation from the National Fish Association of Nigeria (NFAN) led by its National President, Dr Gabriel Ogunsanya in Abuja.

Nanono said time had come for Nigeria to look inward to tap into the huge potential in fisheries and aquaculture for local consumption and export.

He noted that measures were already been put in place by government to actualise the plan.

According to him, this is an area that we can join hands to promote fish production. We have to seriously reduce importation of fish into the country.

“Last year, we issued about one million licenses. This year, I virtually cut it into half.

“I hope next year we will further cut it so that in the next two years we may rely entirely on what we produce here.

“Since you are producers and probably processors it is important to take note of your development in the fish sector towards this, ” he said.

He further said, “In the next years, probably we will not allow importation of fish into the country.

“I know people are saying we can only rear catfish, tilapia and a few other species but most of the white fish they do not do well here.

“But I know for a fact that the consumption of catfish is very high in this country both the fresh one as well as the smoked one.

“In fact, I was made to understand that it now has export market. So, if you put your head together and work hard, the future is very bright for fish producers in this country,” he said.

The minister assured the association of the government’s readiness to assist where necessary to move the industry forward.

Earlier in his remarks, the President of NFAN, Dr Gabriel Ogunsanya, while commending the minister for his commitment to moving agriculture to the next level, called for assistance in some areas.

He urged the Minister to involve members of the association in training programmes of the ministry and other relevant agencies.

He said, “we need a letter of introduction to CBN, NIRSAL, BOI, BOA for timely intervention to boost the fish industry production business in Nigeria.

“We also pray for the minister to guarantee loans and credit facilities for the purpose of business expansion.

“The association also needs a letter of introduction to the 36 state governments and the FCT, Abuja.

“We also kindly pray that the minister looks into reactivating dormant fishery terminals, fish markets, hatcheries and develop brood stock bank for identified fish species and privatise the for utilisation of NFAN members.”

The president equally urged the minister to direct research institutes to embark on demand driven researches to benefit the entire industry.

He also called for measures to be put in pace to support commercial fish production from along the value chain for both local and export markets.

Ogunsanya also urged the minister to involve the association in the policy formulations for the fish industry.

He called for establishment of a liaison office space to ensure closeness to our mother ministry and smooth interface with your management.

On the gains of the association so far, the president said, it had made some progress in the last few years

He said, “the National Fish Association of Nigeria is the umbrella body for all fisheries and aquaculture industry value chain in Nigeria.

“It has the mandate and responsibility of bringing together every farmer and industry operator groups to obtain or share useful business information and training.

“The association was established by the Federal Government to play such roles long other things.

“We have carried out several advocacy enlightenment and training activities and programmes for both the existing and upcoming fish farmers, producers and processors.

“We have undertaken business development promotion engagements with MDAs and development partners including the CBN, NIRSAL, NEPC, SON, Quarantine and Raw Materials Research Council.

“Also, between Sept. and Oct. last year, we met with the AUIBAR Consultant on fisheries from Nairobi as well as the Cultivating New Frontier in Agriculture (CNFA), the prime implementing partners of USAID’s Feed the Future Project in Nigeria.

“All efforts in this regard are geared toward repositioning the industry and better the lot of the farmers and stakeholders.”

The News Agency of Nigeria (NAN) reports that part of the NFAN delegation was Dr Ladan Aliyu, Deputy National President and National Vice Presidents representing North West, North East, South South and South East.

Other executive members including the National Publicity Secretary, Chief Chidike Uko, were part of the delegation.(NAN)

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