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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...

Fraud: Popular Lagos Prophet, Genesis Convicted and Sentenced to Jail For Fraud




Trial judge, Justice Olabisi Akinlade, sentenced Oladele to two-year jail term after she found him guilty on two of the seven charges brought against him. A Lagos State High Court on Wednesday sentenced popular prophet and Shepherd-in-charge of Celestial Church of Christ Global Genesis Parish, Israel Oladele Ogundipe, to two years imprisonment for defrauding a United States-based woman.

Ogundipe was arraigned before the court following a petition filed by a UK-based architect, Mrs Olaide Williams-Oni, who accused him of obtaining a total of N17m from her with the promise to help her procure some landed property.

In her testimony before the court, Williams-Oni had told the court that she met prophet Ogundipe in 2002 during her visit to Nigeria when she was taken to his church for prayers by her step-sister.

The presiding judge found the clergyman guilty of two of the seven charges brought against him and dismissed the remaining five over lack of evidence.

The judge sentenced Ogundipe, who was first arraigned in 2007, to one year’s imprisonment on each count but said the prison terms would run concurrently.

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