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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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Festac Residents Scooped Fuel From Fallen Fuel Tanker at Festac Link Bridge Lagos

Fuel-Laden Tanker Falls At Festac Link Bridge, Residents Scoop Fuel




Residents scoop fuel from fallen tanker at Festac Link Bridge, Lagos on Sunday, November 8, 2020.

A fuel-laden tanker has fallen at Festac Link Bridge, spilling its contents.

The tanker laden with 33,000 litres of petrol overturned while conveying the content to a destination in Lagos State on Sunday.


After the accident which left fuel gushing out from the tanker on the road, residents used buckets and kegs to scoop the content.

The Director-General, Lagos State Emergency Management Agency, Olufemi Oke-Osanyintolu in reaction said the trans-loading of the remaining petrol was ongoing, adding that emergency responders were on the ground to prevent a secondary incident.

“The Agency responded to distress calls at around 0600hrs this morning and arrived to find an overturned tanker with its contents (33,000 litres of petrol) rapidly spilling due to the effect of gravity on the overturned tanker.

“While immediate action by the joint team (comprising of Agency Firefighters, Lagos Fire Service and the Nigeria Police) was taken to prevent a secondary incident, the scene was invaded by people carrying kegs attempting to scoop the product. This required additional police support. Transloading of product is ongoing,” Oke-Osanyintolu said.

The LASEMA DG appealed for calm.





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