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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

Somali hotel hit by deadly bomb and gun attack


Image caption The hotel at Lido beach is said to be frequented by government officials

At least five people have reportedly been killed after a gun and bomb attack on a hotel in the Somali capital, Mogadishu.

A vehicle packed with explosives was rammed into the back of the Elite Hotel in the Lido beach area, after which gunmen stormed the building and took hostages, reports said.

Security forces are said to be trying to regain control of the hotel.

No group has so far said it is behind the attack.

However, the Islamist militant group al-Shabab has carried out similar attacks in the past.

"There is still sporadic gunfire and the initial information we have received indicates five people died and more than 10 others were wounded," government security official Ahmed Omar said

"The death toll can increase because the blast was massive and there is a hostage situation involved."

Some reports have put the death toll at 15.

The hotel is frequently used by government officials and the privately-owned Somali news website Dhacdoone described it as one of the most heavily guarded facilities in Mogadishu.

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