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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...

Tanker explosion, auto crash claim many lives in Imo


Tragedy struck yesterday at two locations in Imo State.

At a fuel station located in Irete, Owerri West Council, a tanker explosion claimed one life, while the ensuing fire burnt at least two vehicles to ashes.

On Owerri-Aba Road, a vehicle conveying pineapple from Aba in Abia State to Owerri caught fire in the outskirts of Owerri, with all the occupants- the driver and a trader/passenger, who owned the large quantity of pineapple valued at N400, 000 and the conductor- were burnt beyond recognition.

The Special Adviser to the Governor on Public Safety, Ugochukwu Nzekwe, and the fire fighters from the state fire service battled to recue the occupants and put out the inferno.

One life was lost in the accident, while two vehicles were completely razed.


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