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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...

How Mountain of Fire Pastor steals £150,000


General Overseer of the mega church, Pastor Daniel Olukoya, on Saturday, admitted that the money is missing and revealed that his former employee, who is a pastor, stole the church’s funds in the United Kingdom, UK.
In a statement signed by his media aide, Collins Edomaruse, and made available to reporters on Saturday, he said the employee paid the £150,000 Charity’s fund into his personal account and conspired with external auditors to shield the income from discovery.
“Fortunately, all the people that took money illegally are still alive. The genesis of this allegation is that the lease of one of our branches in London contained a clause which stipulated that any party who broke the lease for any reason before its expiration would pay a penalty of £150,000 to the other party.
“It happened that the owner of the property broke the lease and sold the property to a third party which necessitated the church relocating from the building.
“The property owners honoured their obligation and paid the penalty sum of £150,000 which the pastor of that branch somehow found a way of paying into his personal account without informing the headquarters and conspired with the external auditors to shield that income from discovery. It was much later that a member of that branch brought to the attention of headquarters that such amount of money had been received by the pastor,” he added.
He further explained that the church’s headquarters immediately set up a panel of investigation to uncover the fraud and to give fair hearing to the pastor concerned.
According to the statement, the pastor attended the sitting of the panel and unequivocally admitted he stole the fund.
The statement added that the General Overseer issued the pastor an ultimatum in writing to pay back the money within 48 hours whereupon he promised to re-mortgage his house in London to comply.

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