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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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Ooni, 11 aggrieved monarchs meet over Ekiti Kingship crisis






The Ooni of Ife, Oba Adeyeye Ogunwusi is in Ado-Ekiti, the Ekiti State capital on Monday for a brief meeting with some aggrieved traditional rulers over the crisis rocking the Ekiti State Council of Traditional rulers.

Oba Ogunwusi arrived the palace of Ewi of Ado-Ekiti at about 12:45pm and was ushered into Ewi’s chamber where he met with the aggrieved monarchs behind close door.

The aggrieved Obas include Ewi of Ado-Ekiti Oba Rufus Adejugbe; Oloye of Oye Oba Oluwole Ademolaju; Elekole of Ikole Oba Adewumi Fasiku; Elemure of Emure Oba Emmanuel Ogunleye; Ajero of Ijero Oba Joseph Adewole; Alara of Aramoko, Oba Adegoke Adeyemi.

Others are: Ogoga of Ikere-Ekiti Oba Samuel Adejimi; Olomuo of Omuo Oba Noah Omonigbehin; Alaaye of Efon Oba Emmanuel Aladejare; Ologotun of Oguntun Oba Samuel Oyebade and Olujudo of Ido-Faboro, Oba Ayorinde Ilori-Faboro.

The purpose of the meeting was to find a lasting solution to the stand-off between Governor Kayode Fayemi and the aggrieved monarchs who had been at loggerheads since July 31, 2019 over the appointment of Alawe of Ilawe-Ekiti, Oba Alabi, as the new chairman of Ekiti Council of traditional rulers.

Details shortly…

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