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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

Electricity: Crazy Estimated bills: We Don’t Need Your Services Again, Lagos Communities Tell Ikeja Electric


Residents of Ifesowapo in Agbado Oke Odo Local Council Development Area have lamented what they described as “outrageous billing” by Ikeja Electric.

In a letter obtained by our correspondent on Monday, the residents asked Ikeja Electric to stop supplying power to their communities.

They threatened to drop their lines if the company refuses to cut them off in the letter signed by the Joint CDA Chairman, Mr Wasiu Bello, and the Secretary, Razak Shekoni.

The community leaders alleged that dialogue with the electricity distribution company was unsuccessful.

They claimed that efforts to get prepaid meters for residents in the area also failed.

The PUNCH gathered that some households in the community were charged between N24,000 and about N100,000.

Part of the letter read, “It is quite unfortunate that we have been at the receiving end of this dubious billing.

“We do not intend to continue the use of your services. It has been agreed that you should disconnect your supply forthwith. If we do not see the necessary action, all residents will drop their lines and will not be expecting any corresponding bill.

“We also need to emphasise that none of your staff should parade themselves in our communities both for official and non-official assignment as we cannot guarantee their safety.”

In another letter, Olorunsogo Ifelodun CDA described Ikeja Electric’s estimated bill as not only callous but dubious.

“Without a proper energy audit, we find it strange and disturbing for any sincere service rendering company to assume consumption in a community to be over 600kw per residence.

“The billing for the month of November is not acceptable and very contestable. We are, by this notice, insisting on discontinuing the use of your services in our community,” part of the letter read.

Efforts to reach the IE’s Head of Corporate Communications, Felix Ofulue, proved abortive.

He neither picked his calls nor responded to a text message forwarded to him.


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