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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

Herdsmen Crisis: Bayelsa Assembly Passed Anti-open Grazing Bill


The Bayelsa State House of Assembly, on Wednesday, passed the state’s bill banning open grazing of livestock in the state.

The passage followed the report of the public on the bill by the House Joint Committee on Agriculture and Natural Resources; Trade, Industry and Investment; Environment, and Security.

Governor Douye Diri is expected to latest Friday, this week, sign into law the piece of legislation titled, ‘Livestock Breeding and Marketing Regulation Bill, 2021.’

When assented to by the governor, the anti-open grazing law will establish a committee that will be responsible for the registration and issuance of permits for livestock breeding, designate areas for such breeding activities and also establish inspection posts for cows and other livestock coming into the state.

The bill also seeks to prevent a situation where one person’s business will jeopardise that of another person, prohibits open grazing of livestock and other excesses of herders, and considers cattle rustling a punishable offence, among others.

The Speaker, Mr Abraham Ingobere, commended members of the Assembly “for ensuring thorough deliberations on the bill before passage.”

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