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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

Accelerating outbreak sends India's COVID-19 cases above 5million


India’s coronavirus cases surged past five million on Wednesday after the Indian federal Ministry of Health reported a single-day jump of 90,123 cases over the last 24 hours.

India is only the second country in the world to confirm more than five million cumulative cases after the United States.

The country’s death toll from COVID-19 rose to 82,066, according to the ministry, after 1,290 people died from the disease in the last 24 hours.

India’s caseload is closing in on the US, which has reported more than 6.6 million cases, and with the outbreak still spreading is expected to surpass it within weeks.

India reported a record daily high of 97,570 cases on September 11 and has added more than one million cases this month alone.


Experts warned that India’s COVID-19 fatality rate could increase in coming weeks with lockdown restrictions relaxed except in high-risk areas.

But authorities ruled out imposing a second countrywide lockdown as recoveries were growing at more than 78 percent.

India’s COVID-19 fatality rate is 1.6 percent, much lower than 3 percent each in the United States and Brazil, according to the Johns Hopkins University.

Gagandeep Kang, an infectious diseases expert from Christian Medical College in Vellore in the southern Indian state of Tamil Nadu, said the number of cases increasing in India was inevitable.

But the country still had the opportunity to try and restrict cases through a strategy of testing and isolating the affected places.


Most of India’s deaths are concentrated in its large cities – Mumbai, New Delhi, Bengaluru, Chennai and Pune.

But smaller urban centers in Maharashtra state like Nagpur or Jalgaon have also reported more than 1,000 deaths.

Health Secretary Rajesh Bhushan said on Tuesday that only about 6 percent of the coronavirus patients in India were on oxygen – 0.31 percent on ventilators, 2.17 percent on intensive care unit beds with oxygen and 3.69 percent on oxygen beds.

Maharashtra with more than one million cases remains the worst affected state in India, followed by Andhra Pradesh, Tamil Nadu, Karnataka and Uttar Pradesh.

These states account for more than 60 percent of coronavirus cases in the country.


The Ministry of Health said 155 health workers, including 46 doctors, have died so far due to COVID-19.

India’s meager health resources are poorly divided across the country.

Nearly 600 million Indians live in rural areas, and with the virus spreading fast across India’s vast hinterlands, health experts worry that hospitals could be overwhelmed.

Nationwide, India is testing more than one million samples per day, exceeding the World Health Organization’s benchmark of 140 tests per million people.

But many of these are antigen tests, which look for virus proteins and are faster but less accurate compared with RT-PCR, the gold standard for confirming the coronavirus by its genetic code.


With the economy contracting by a record 24 percent in the April-June quarter leaving millions jobless, the Indian government is continuing with relaxing lockdown restrictions that were imposed in late March.

The government in May announced a $266bn stimulus package, but consumer demand and manufacturing are yet to recover.

A large number of offices, shops, businesses, liquor shops, bars and restaurants have reopened.

Restricted domestic and international evacuation flights are being operated every day along with train services while Schools and colleges will remain closed till September 30.

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