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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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US Special Forces Rescued an American Held Hostage in Northern Nigeria


US forces on Saturday carried out a rescue operation in northern Nigeria to recover an American citizen being held by armed men, the Pentagon said.

“This American citizen is safe and is now in the care of the US Department of State,” the Pentagon said in a statement, adding that no military personnel were injured in the operation.

“We appreciate the support of our international partners in conducting this operation. The United States will continue to protect our people and our interests anywhere in the world.”

The State Department confirmed earlier this week that a US citizen had been abducted in Niger.

While the Pentagon did not provide the American citizen’s identity, Reuters quoted a US official to have said, it was 27-year-old Philip Walton, who was kidnapped earlier in the week, and the raid included Navy SEALs.

Six gunmen riding motorcycles and armed with AK-47 assault rifles kidnapped an Walton from his home on the edge of a rural village in neighboring southern Niger early on Tuesday.

Niger, like much of West Africa’s Sahel region, faces a deepening security crisis as groups with links to al Qaeda and Islamic State carry out attacks on the army and civilians, despite help from French and U.S. forces.
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