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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

Peru's President Merino Resigns After Deadly Crackdown on Protesters

Peru's President Merino resigns after deadly crackdown on protesters
Image captionA vigil was held in Lima for two people killed in the protests

Peru's interim president has resigned, a day after two people died during protests against his government.

Manuel Merino, former speaker of Congress, had been in the post less than a week.

He replaced President Martín Vizcarra, who last Monday was removed in an impeachment procedure over bribery allegations, which he denies.

Politicians had called for Mr Merino's resignation after a violent crackdown on demonstrations against him.

Twelve ministers from his recently appointed cabinet resigned earlier on Sunday in protest against police brutality and his handling of the crisis.

Congress failed to agree a replacement for Mr Merino when it met on Sunday, rejecting a team led by Rocío Silva Santisteban, a writer and former human rights activist.

A new list, made up of an interim president and senior politicians from across the spectrum, was being drafted.
Why were there protests?

Tens of thousands of demonstrators - many of them young - have been taking part in protests against Mr Vizcarra's removal in recent days.

They accuse Congress of staging a parliamentary coup. Mr Vizcarra, 57, has enjoyed continued support among many voters for his attempts at reform.


Saturday's protests in Lima were largely peaceful but clashes broke out towards the evening between police and protesters.

Image captionMr Merino announced his resignation in a televised address on Sunday

Police reportedly fired tear gas and shotgun pellets to repel demonstrators, some of whom had thrown fireworks and stones.

Two students, Jack Pintado, 22, and Inti Sotelo, 24, were killed in the protests.


"I want to let the whole country know that I'm resigning," Mr Merino said in a televised address.

There are concerns of a growing political crisis as Peru faces a severe economic downturn brought on by the coronavirus pandemic.

Peru imposed one of the earliest and strictest lockdowns in Latin America to stop the spread of coronavirus - but has still seen cases rise rapidly.

It has so far reported nearly 935,000 infections and more than 35,000 deaths, according to Johns Hopkins University - making it the country with the third highest rate of deaths per 100,000 people in the world.




Video captionPeru protests spurred by President Vizcarra's impeachment

Mr Merino had been expected to retain the presidency until July 2021 - when Mr Vizcarra's term was due to end.

Mr Vizcarra has been embroiled in a bitter battle with Congress, which is dominated by rival parties, since he took office in March 2018.

He has denied allegations that he accepted bribes worth 2.3m soles ($640,000; £487,000) when he was governor of the southern Moquegua region.

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