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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

Over 1m Youths Apply for Investment Fund - Buhari


President Muhammadu Buhari has again urged the youth to end their street protests and work with the government to find solutions to issues that agitate their minds.

The President, who spoke yesterday in Abuja at the maiden National Youth Day celebration – observed on November 1 and coinciding with the African Youth Day celebration – encouraged the youth to have meaningful discussions with government in order to have comprehensive reforms to police brutality.

The President, who was represented by the Minister for the Federal Capital Territory (FCT), Muhammed Bello, told the gathering that his administration had carefully listened to the pleas of Nigerian youths and had begun work on their agitations.

President Buhari also announced that over 1 million applications had been received since the Youth Investment Fund portal opened on October 12, 2020.

A statement by his Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, said the President added that the Federal Government “now wants to hear concrete and practical ideas” from youths while acknowledging their constitutional right to peaceful protests.

“You must realise that protests cannot last indefinitely. My government will not lift a hand to stop or suppress you.

“However, the fact of the matter is that other forces and actors will seek to take over your protests that they may redirect them in ways you did not intend and perhaps do not agree with.

“Every successful protest movement the world over has understood that there comes a time when activity must move from the street to the negotiation table. That time for you has come. Do not be afraid of this reality. You should welcome it.

“It is important that we all strive to use this moment constructively. Too many people have already sacrificed too dearly. It is our duty to use this fateful situation to move ourselves to a more just and caring society.


“As youths, you have a nation and a future to build. My government will always be your faithful partner in this essential and patriotic endeavour,” he said.

President Buhari expressed his opposition to the wrongful use and imposition of violent force against innocent, law-abiding persons, particularly young people.

“No one, who is obeying the law, whether they are in line waiting for a taxi or in a peaceful protest line, should be harassed or brutalised by law enforcement agencies.

“It is because of my abiding belief in the people’s constitutional rights that we moved with dispatch to abolish the Special Anti-Robbery Squad (SARS) and to consider other reforms that will enhance the quality of law enforcement and improve the relationship between the police and public which is a pre-requisite in a just society.

“To allow protests is not a sign of weakness. It is a sign of strength and belief in democracy, and faith in the innate goodness of our people.

“This also shows confidence in the ability of our government to work with the people towards a reasonable and practical resolution to any challenge,” he said.

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