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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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Coup d'etat : UNPLEASANT DEVELOPMENTS IN NIGER REPUBLIC


President Bola Ahmed Tinubu, Chairman ECOWAS Authority of Heads of State and Government 

Information filtering in from the Republic of Niger indicates some unpleasant developments around the country's highest political leadership.

 

It should be quite clear to all players in the Republic of Niger that the leadership of the ECOWAS Region and all lovers of democracy around the world will not tolerate any situation that incapacitates the democratically-elected government of the country.

 

The ECOWAS leadership will not accept any action that impedes the smooth functioning of legitimate authority in Niger or any part of West Africa.

 

I wish to say that we are closely monitoring the situation and developments in Niger and we will do everything within our powers to ensure democracy is firmly planted, nurtured, well rooted and thrives in our region.

 

I am in close consultation with other leaders in our region, and we shall protect our hard-earned democracy in line with the universally acceptable principle of constitutionalism.

 

As the Chairperson of ECOWAS Authority of Heads of State and Government, I state without  equivocation that Nigeria stands firmly with the elected government in Niger and equally conveys the absolute resolve of leaders in our sub-region that we shall not waiver or flinch on our stand to defend and preserve constitutional order.

 

Bola Ahmed Tinubu

President, Federal Republic of Nigeria and Chairman, ECOWAS Authority of Heads of State and Government

July 26, 2023

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