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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

Nigeria Youths Are Angry, Hungry – Ooni


The Ooni of Ife, Adeyeye Ogunwusi says youths’ anger and hunger should be pacified with supports in form of training, mentorship and other empowerment initiatives.

Ooni explained that youths are angry because they are hungry and the only way to get them out of the anger is to continue to empower them.

The monarch disclosed this during the commencement of his fifth year coronation anniversary and graduation of Ojaja II Fashion Training Institute (OFTI) students in Ile-Ife.

“In line with the celebration of my 5th year on the throne, I have mapped out plans to empower 5,000 youths to be financially independent and be able to feed others.

“I hereby call on Nigerian leaders, political, traditional and religious leaders to know that it is now a necessity to empower the youths. Out of our earnings, let us dedicate part to the empowerment of youths in our areas. We must consider this as a necessity and what should be done on a regular basis.

“We just had a sample of youth restiveness and it should be a lesson to all of us that nobody can handle their anger, so it is about time that we know that it is unwise to keep money in the bank while the needy continue to wallow in poverty,” he said.

Speaking on whether constitutional roles should be assigned to traditional rulers, Ooni explained that such would hasten Nigeria’s journey to prosperity, as traditional rulers remained the closest to the people.

“We were with President Muhammadu Buhari two weeks ago and the issue was discussed and we are making progress. We have roles to play, we are not competing with them and I believe that we shall get there.” The Ooni added.

At the event, 65 youths who successfully completed their trainings as fashion designers were empowered with instruments and equipment procured by the Ooni, with support from the International Breweries, Ilesa and other partners.

On behalf of the beneficiaries, Comfort Adebisi thanked the Ooni for the gift of new working equipment and the training which she described as the best.

Similarly, some victims of human trafficking, 55 in number, who were repatriated from Saudi Arabia, Lebanon, Omar and other parts of the world stormed the palace to thank the monarch for giving them a new life.

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