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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

Coronavirus: Boris Johnson Considers New National Lockdown for England


 British Prime Minister Boris Johnson is considering ordering England back into a national lockdown next week after scientists said the coronavirus was spreading faster than their worst predictions, a government official said on Saturday. 

The pandemic is spreading in most parts of Britain, where the official death toll of 46,299 is the highest in Europe.

The prime minister called a cabinet meeting on Saturday to reach agreement on the new measures for England, and was due to hold a news conference within hours, the official said. Scotland, Wales and Northern Ireland run their own pandemic policies.

The Times newspaper said Johnson might announce that only essential shops, nurseries, schools and universities will remain open in a month-long lockdown. Johnson’s office declined to comment.

A national lockdown would represent a dramatic change of policy for the prime minister, who has been saying for months that it will not be necessary.

Two weeks ago he defended his strategy of a patchwork of local restrictions by saying he wanted to avoid the “misery of a national lockdown”. Currently, areas of England are subject to one of three tiers of coronavirus restrictions.

But the government’s scientific advisers say coronavirus infections are rising so fast that, unless the spread can be slowed, hospitals will be overwhelmed and their “reasonable worst case” scenario of 80,000 dead could be exceeded.

‘RUNNING RIOT’

Calum Semple, professor of outbreak medicine at the University of Liverpool and member of the government’s Scientific Advisory Group for Emergencies (SAGE), said the second wave of COVID-19 was a reality.

“And, unlike the first wave, where we had a national lockdown which protected huge swathes of society, this outbreak is now running riot across all age groups,” he told the BBC.

A new lockdown is likely to face resistance from Conservative lawmakers concerned about the economic, social and health costs.

John Redwood, a member of parliament and former cabinet minister, said he was “full of foreboding” and expected lawmakers to be given a vote on any new measures.

A new lockdown would heap more pressure on finance minister Rishi Sunak and the Bank of England to increase their already huge support for the UK economy, the world’s sixth-biggest. The economy slumped a record 20% in the spring and has been struggling to maintain its recovery.

In Tier 3 of the current system, different households are banned from mixing, pubs and bars are closed, wedding receptions are prohibited, and travel in or out is to be avoided.

Some analysts have already said that the regional restrictions imposed in recent weeks will shrink the economy again in the fourth quarter.

France and Germany announced national lockdowns this week, while Northern Ireland closed schools for two weeks and restaurants for four weeks from Oct. 16.

Wales is in the middle of a two-week lockdown in which everybody apart from essential workers must generally stay at home. In Scotland, millions of people are banned from socialising indoors or drinking in pubs, and are subject to travel restrictions.

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