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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
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U.S. slaps more election-related visa restrictions on Nigerians


United States on Monday imposed additional visa restrictions on Nigerians over election-related activities in the African nation, the State Department said, accusing them of being responsible for undermining the democratic process.


The restrictions were imposed on the individuals, who were not named, “for their actions surrounding the November 2019 Kogi and Bayelsa State elections and in the run up to the September and October 2020 Edo and Ondo State elections,” the State Department said in a statement.

“These individuals have so far operated with impunity at the expense of the Nigerian people and have undermined democratic principles,” State Department spokeswoman Morgan Ortagus said in the statement.

In 2019, the United States imposed visa restrictions on Nigerians it said had undermined elections in February and March of that year.

The State Department said it warned in a statement last year that it would consider consequences, including visa restrictions, on those responsible for organizing election-related violence or undermining the Nigerian democratic process.


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