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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

China’s Vaccine Shows ‘No Side Effects’ - Petrovax


CHINA’S coronavirus candidate vaccine caused no side effects among recruits in Moscow as part of large-scale clinical trials, reported Russian English-language newspaper, The Moscow Times.

Russia approved Phase 3 trials of the Chinese vaccine developed by CanSino Biologics, a Chinese high-tech biopharmaceutical company, and a research team with the Academy of Military Sciences in August.

“At the moment, the volunteers are doing well. None of them have shown any side effects,” Petrovax, the Russian pharmaceutical company working with the vaccine’s Chinese developers, said.

Petrovax said it had received more than 3,000 applications to get the Ad5-nCoV vaccine so far.

The study’s participants will be under direct supervision for nearly a month, with four interim face-to-face examinations, and will undergo a control examination after six months, Petrovax said.

The Russian company said it expects preliminary results sometime in November, according to the Interfax news agency. However, the first coronavirus vaccine available to European Union (EU) citizens should appear in March, Belgian Health Minister Maggie de Block said yesterday.

“In theory, the first vaccine will be from Sanofi and will appear in March here in Belgium and other EU countries,’’ the minister said. According to her, physicians and the most vulnerable citizens will be the first to receive vaccines.


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