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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

Water Resources Bill: Indiscriminate Bore-hole drilling responsible for earth tremor - FG

   

Multinational companies drill for water without approval - FG alleges

By Tosin Kolade

The Federal Government has expressed worry over multinational companies’ usage of the nation’s underground water resources for commercial purposes without obtaining license.

The Minister of Water Resources, Mr Suleiman Adamu, said this in Abuja on Tuesday at a joint press conference with the Minister of Information, Alhaji Lai Mohammed, to address the controversies surrounding the National Water Resources Bill.

Adamu said it was worrisome that without a law to protect the nation’s water resources sector, indiscriminate usage would not be addressed, hence the need for the passage of the National Water Resources Bill into law.

According to him, Federal Government was not interested in taking over the control of water resources in states, but to create an enabling environment for effective water resources management in line with global best practices.

Adamu said the bill would empower irrigation farmers to form Water Users Association for effective operation and maintenance of irrigation infrastructure and sustainable development.

On licensing of borehole drilling, the Minister said with the new bill in place, commercial borehole drillers would be mandated to obtain licenses, adding that no license was needed for domestic extraction of water.

“Nobody says you should not drill borehole in your house, but the issue is that you cannot be taking water for commercial use at the expense of the people, so this bill is actually protecting the rights of the people to use their resources.

“The other issue is the proliferation of boreholes in this country, this is the only country in the world that you drill borehole without the authorities knowing.

“When I was told there are over 1,000 boreholes in Abuja alone, I could not believe it, the recent earth tremor was linked to borehole drilling,” he said.

Adamu said the ministry through the Nigeria Hydrological Services Agency, had the responsibility to monitor the groundwater resources to ascertain pollution, and ensure sustainable use of water resources.

According to him, the bill was a consolidation of all water resources laws and policies from time immemorial and should not warrant any controversy or criticism.

The Minister of Information, Alhaji Lai Mohammed, said the bill was for the good of the nation and had no hidden agenda whatsoever.

“Also, we cannot rule out deliberate mischief by some of those who have been portraying the Bill as a new source of conflict
whatsoever.

“Also, we can not rule out deliberate mischief by some of those who have been portraying the Bill as a new source of conflict.

“We are therefore using this opportunity to appeal to Nigerians to avail themselves of the provisions of the Bill to avoid being misled by those who have chosen to politicise it,” Mohammed said.

The News Agency of Nigeria (NAN) reports that the National Water Resources Bill which was first introduced in 2018, was rejected by the 8th Assembly, and has faced continuous criticism following its reintroduction in the 9th assembly.

Some critics of the bill say if the bill is passed into law, it may endanger national unity and dispossess states of their rights to their water resources.


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