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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...

Trump declares premature victory

President Trump prematurely claims victory in the presidential election, before vote counting has ended, and suggested Democrats were engaged in fraud as key states continued to count hundreds of thousands of mail-in ballots.

“This is a fraud on the American public. This is an embarrassment to this country. We were getting ready to win this election. Frankly we did win this election,” President Trump said in remarks from the White House.

[Chip Somodevilla/Getty Images]
“This is a major fraud on our nation,” Trump said.

Trump claimed he is winning in key states – Pennsylvania, Michigan, and Wisconsin – that have just begun to count mail ballots likely to favour Democratic presidential candidate Joe Biden.

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