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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

Food Blockage: Lagos Yet to Feel Food Shortage Effect, Plans Food Self-sufficiency – Lagos Govt


The Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, on Monday said the state was not feeling any effect of food shortage.


He noted that the government had also not been officially informed of any decision to withdraw supplies to the state.

According to him, trailers of foodstuffs have been coming from other parts of the country into the state through the Lagos-Ibadan Expressway.


Omotosho urged residents not to panic, adding that the state was also making efforts to attain self-sufficiency in food production.

He said, “We have not been told officially that some people in the North are withdrawing food supplies to the South-West or Lagos. And you know that Lagos is consuming no less than 50 per cent of what is being produced in other parts of the country.


“However, Lagos is preparing for the future. Very soon, we will be inaugurating the Imota Rice Mill, which will be the largest in Sub-Saharan Africa. All our agric programmes are tailored towards food self-sufficiency in the future.

“Farmers are being encouraged; we give them land to farm and we are also acquiring land in other states to farm so that our programmes in farming will not be starved of materials.

“Our fishing programme very soon will be on. Lagos has one of the best coastal beds in the world. In our waters, we have all kinds of fish that will be canned in the future. The future of agric in Lagos is great and the government is encouraging young people to go into it. 

So, there is no need for anybody to panic over what anybody may have seen as some people saying they will not supply food. I have not seen anything official on that. If there is anything like a shortage, I have not seen the effect and I hope we will not see it.”

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