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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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BREAKING: President Tinubu Approves 12 Billion Outstanding Payments for National Teams, Others Sports.

President Bola Ahmed Tinubu 

The Minister for Sports Development, John Owan-Enoh said that President Bola Tinubu in a clear commitment to sports development has approved the backlog of outstanding payments that are due for the national teams and coaches of various sports, totalling about twelve billion naira (N12b).


The minister disclosed this on Saturday, January 6, while addressing numerous guests that graced his thanksgiving service to appreciate God for his appointment as minister in the Federal Executive Cabinet.


He noted that no president of the country has shown the level of commitment displayed by President Tinubu in the development of sports in the country.


He said: “The senior team national coach has not been paid for 15 months, the salary is about $1.350 million. The senior national team and other national teams; females, under 20 had a backlog of unpaid allowances, unpaid promises, and all of that piling up close to about N12 billion, the president has approved all of that payment. There’s no better way to show support and leadership than what he has done.”


The minister said President Tinubu is committed to returning happiness to Nigerian homes because “when we win there’s happiness spread across the land and we are working hard.”

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