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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

Osinbajo talks tough on Southern Kaduna crisis





Vice President Yemi Osinbajo has says those responsible for killings in Southern Kaduna will be prosecuted in order to curtail impunity and support those who have lost their bread winners.



Osinbajo at NBA virtual conference




Vice President Yemi Osinbajo has said that those responsible for killings in Southern Kaduna will be prosecuted in order to curtail impunity and support those who have lost their bread winners.

Osinbajo communicated this on Thursday during a Special Conversation featuring him and the Speaker of the House of Representatives, Mr Femi Gbajabiamila, at the ongoing Nigeria Bar Association (NBA) Virtual 2020 Annual General Conference.

The vice president said that to effectively deal with the Southern Kaduna crisis, the Federal Government would not sweep the major issues underlying the conflict under the carpet.

According to Osinbajo, ensuring justice, fixing economic marginalisation and the prosecution of persons responsible for the murders will ensure that the impunity doesn’t worsen.

“I have been involved since 2001 through the work of the Macedonian initiative, an NGO that focused on providing relief materials to displaced persons in Southern Kaduna and several other places especially in North Central part of Nigeria.

“There have been judicial commissions and all sorts, but the problem remains; so, there is the need to address the underlying issues. You can’t sweep under the carpet, justice and the cries of economic marginalisation.

“The fact is that we must prosecute persons responsible for these murders or otherwise impunity will worsen. And also support those who have lost their bread winners.

“The mindless callous killings in Southern Kaduna are heartbreaking; and again, we must condole with those who have lost loved ones and those injured or who have suffered loss of property; these tragedies are unacceptable and they are avoidable.”

Osinbajo said that there was an improvement of security in Southern Kaduna as a military base was set up there for the first time.

He said there was also a lot of air surveillance by the Nigerian Air Force.

“We have about 500 conventional and mobile policemen in Zangon Kataf and Kaura Local Government Areas and then the combined military team of the army and the navy who are also on ground 24 hours.

“This is basically to just take care of the volatile situation there.”

Osinbajo said that President Muhammadu Buhari had also had several Security Council meetings all of which he attended; where the issues were discussed and the possibilities of engagement had been discussed.

He said that on a personal note, he had also engaged with community leaders in Southern Kaduna and also engaged with the governor to look at peacemaking efforts where possible.

The vice president said he was upbeat that the issues would be resolved, adding that some of the peacemaking efforts had been fairly successful.

“Recent peace efforts between the Zangon Kataf and the Fulani communities would yield positive results.

“But there is also a lot of work going on to ensure that some of these fundamental issues are being addressed and it’s an evolving situation, but it’s something we can’t afford to ignore and it’s gone on for far too long and it’s redressable and possible for us to resolve,” he said.

The vice president also urged those who had concerns about the recently signed Companies and Allied Matters Act (CAMA) 2020 legislation to approach the National Assembly for possible amendments as Nigeria was in a democracy.

“We have a process by which this can be redressed.

“Whatever the proposal for amendment may be, whatever the view of the leadership of the church may be regarding the question of how the trustees, whether they are interim trustees or not, can be put into a proposal that will be brought to the National Assembly for consideration for amendment to the law.

“That is the process which is entirely opened and ought to be pursued.

“We are in a democracy and there is a process by which things can be done and that process is the one where you bring forward amendments to the National Assembly and they will do whatever is considered useful in the circumstance.”

Speaking on the Federal Government’s stance on the contraction of the economy as a result of the COVID-19 pandemic and related issues, Osinbajo said the Federal Government’s response was robust and focused on local production using home-grown resources.

He said that efforts were being made towards wealth and job creation using local resources.

The vice president said under the agriculture component of the National Economic Sustainability Plan (NESP-AGRO), five million farmers whose produce would be off-taken by government had been registered.

On his part, Gbajabiamila, spoke on the collaboration between the executive and the legislature under the present administration in addressing some of the critical issues facing the country.

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