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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: India's Covid-19 cases Surged Close to 7 million


India’s confirmed virus cases are nearing 7 million with another 73,272 reported in the past 24 hours.

The Health Ministry also reported 926 additional deaths, taking total fatalities to 107,416. The deaths have remained below 1,000 for the seventh straight day.

India is seeing a slower pace of spread since mid-September when the daily infections touched a record of 97,894 cases. 

It’s averaging more than 70,000 cases daily so far this month, while the recovery rate has exceeded 85 percent.

But health experts have warned that congregations during major festivals later this month and in November have the potential for the virus to spread.

Experts say India’s fragile health system has been bolstered in recent months but could still be overwhelmed by an exponential rise in cases.

Consumer activity is gradually rebounding and millions of factory workers who had fled cities when India imposed a 2-month-long rigorous lockdown on March 25 are returning

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