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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...
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U.S 2020 Election: Trump Administration Officially Authorizes Biden Transition

Trump Administration Officially Authorizes Biden Transition



After weeks of delay, the head of the General Services Administration informed President-elect Joe Biden on Monday that the official governmental transition process has been approved.

GSA Administrator Emily Murphy said in a letter that Biden, whom she referred to as "the apparent president-elect," is now able to access millions of dollars in federal funds and other resources to begin his transition to power. In her letter, Murphy also denied that she had been under pressure from the White House to delay the process.

“I have dedicated much of my adult life to public service, and I have always strived to do what is right," she said. "Please know that I came to my decision independently, based on the law and available facts. I was never directly or indirectly pressured by any Executive Branch official—including those who work at the White House or GSA—with regard to the substance or timing of my decision."


Trump in a pair of tweets vowed to continue his legal fight to contest the election results but said, "I am recommending that Emily and her team do what needs to be done with regard to initial protocols, and have told my team to do the same.”


The transition process had been stalled for weeks as Trump's team waged a sputtering legal battle across the country to contest the results, leaving Biden out of the loop on the Covid-19 vaccine and other key issues.

Read Murphy's full letter here:

The Biden campaign celebrated the news in a statement.

"Today’s decision is a needed step to begin tackling the challenges facing our nation, including getting the pandemic under control and our economy back on track," Biden transition adviser Yohannes Abraham said. "This final decision is a definitive administrative action to formally begin the transition process with federal agencies. In the days ahead, transition officials will begin meeting with federal officials to discuss the pandemic response, have a full accounting of our national security interests, and gain complete understanding of the Trump administration’s efforts to hollow out government agencies."

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