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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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Food Blockage: Northern Tomato Farmers, Traders Cry Out for Help, Lose Over N10 Billion in One Week

Following the blocking of foodstuff by northern traders to Southern part of Nigeria, It was gathered that northern traders have lost over 10 billion naira in one week.

It is reported in the media, that members of the Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria across the Northern part of the country have started diverting their goods and all consumables to the neighbouring countries of Niger Republic and Cameroon.





They have also begun blocking trade routes to the South by stopping food item-laden trucks from going south.


During an interview, a trader, Musa Tijani said they have lost over 10 Billion naira in just one week and pleaded with the group to allow them bring their foodstuff to the Southern part of the country.

According to him, “most of the perishable foodstuff have spoiled because even the countries that we are moving the goods to have the items”.

“So, what happens is that when we get there, they won’t buy most of the foodstuff till we will just dash them or dump them there.”

“We need stop this blockage and see ourselves as one. There is no difference between an Igbo man, Hausa, Yoruba and Fulani if we our leaders can unite us” he told our correspondent.

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