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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: Sanwo-Olu closed Eti-Osa Isolation Centre


Gov. Babajide Sanwo-Olu of Lagos State, says the Eti-Osa Isolation Centre has been closed down, with effect from Friday night.
Sanwo-Olu announced the closure at Lagos House, Marina, during the 17th update on the management of coronavirus in the state.
The governor said that the Agidingbi Isolation Centre would also be closed and the patients relocated to a large capacity centre – Indo-Centre in Anthony area, which would be soon be inaugurated.
“Over the last four, five months, we have built excess capacity centre, but that is only the way to go, you cannot over-prepare.
“We have got to a stage where we need to balance the economics of this and which of these facilities do we need to keep running.
“Some of them now are having less than 20 per cent of occupancy.
“This is why we reach a conclusion to shut Eti-Osa facility and another one in Lekki,’’ the governor said.
He explained that the Infectious Diseases Hospital (IDH) in Yaba “is now also gradually being reverted back to its former status as a hospital to cater to all forms of infectious diseases’’.
He added that the Ca-COVID dedicated tent on the IDH grounds would, however, remain strictly for COVID-19 cases.
Sanwo-Olu said that in June, the government further expanded COVID-19 testing capacity in Lagos with the accreditation of seven private laboratories.
According to him, in the week ended July 26, the government successfully tested close to 9,000 samples in Lagos State, across the public and private sector laboratories.
He said that it showed a 50 per cent increase from the approximately 6,000 samples tested in each of the preceding two weeks.
The governor said that the increase in testing would lead to an increase in the number of daily confirmed cases of the virus in the state.
According to him, this is a welcome development, since the government’s capacity to contain the pandemic depends significantly on how successful it is in identifying all the existing cases.
“I must, however, also mention that we have seen a general decrease in positivity rates in Lagos State over the past two weeks, which, combined with the increase in testing numbers, paints a very encouraging picture of the outcome of our response strategy.
“We will continue to fine-tune our efforts and strategies to build on our successes and close any existing gaps.
“It has now been five months since the first case of coronavirus was recorded in Nigeria.
“Since then, Nigeria has seen more than 43,000 infections and significant disruption of social, religious, educational and economic life, like every other part of the world.
“As of July 31, Lagos state has had a total of 15,150 confirmed cases of COVID-19, with 10,835 persons who have recovered and discharged.
“We have sadly lost 194 persons to the virus.
“This leaves us with 1,813 active cases in community and 96 under management across various isolation centres in the state,’’ he said.

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