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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

Security: Amotekun Becomes Fully Operational with 1,500 Officers in Oyo - Makinde

Governor Seyi Makinde (second left) and others, during the passing-out ceremony of 1,500 pioneer corps of the State Security Network Agency, code-named Amotekun, at Emmanuel Alayande College of Education, Oyo…yesterday. PHOTO: NAJEEM RAHEEM

• To present 2021 budget to House of Assembly next Monday
• Oyo plans payment of gratuity to post-2019 retirees
• Increases monthly allocation to offset inherited gratuities

Oyo State Governor Seyi Makinde has declared that the state’s Security Network Agency, code-named Amotekun Corps, is now fully operational.

Makinde, who gave the declaration, yesterday, at the passing-out ceremony of 1,500 pioneer Amotekun Corps at Emmanuel Alayande College of Education Sports Complex, Main Campus, Oyo, said that security had always been an issue, the reason security was made one of the pillars of his administration.

He, however, said that the 2021 budget had been perfected and concluded at the State Executive Council level, assuring that the Appropriation Bill would be presented to the state’s House of Assembly next week Monday.


“When the story of the Western Nigeria Security Network code-named Amotekun is told, it will be on record that it was officially launched on January 9, 2020. However, the Amotekun journey began earlier. In July 2019, the six states of the South-West, namely Ekiti, Lagos, Ogun, Ondo, Osun, and Oyo States, agreed to set up this outfit.

“Amotekun is indeed a first of its kind security agency because it is a regional security outfit initiated by one of Nigeria’s six geo-political zones.

“History will also state that the headquarters is here in Oyo State.

“Since its inauguration, we have been taking steps to ensure that the security outfit kicks off operations. In March 2020, the Oyo State House of Assembly passed the Oyo State Security Network Agency Bill 2020, which I signed into law a few days later.

Meanwhile, Chairman of Oyo State Amotekun Corps, Brig.-Gen. Kunle Togun (rtd), lauded the efforts of the governor to set up the state security outfit with the view to tackling insecurity plaguing the South-West region.

IN another development, the Oyo State government said it had resolved to start paying gratuity to officers of the state workforce that retired from 2019 till date to further reduce the backlog of unpaid gratuities to retirees.

Also, it said that the monthly allocation for the payment of backlog of unpaid gratuities had been increased from N230 million to N235 million with the promise of upward review of the amount when the state finances improve.

According to the state’s Commissioner for Information, Culture and Tourism, Dr. Wasiu Olatubosun, the decision was reached at the last Executive Council meeting of the state on Tuesday evening.

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