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Why Dangote Refinery shifted petrol sales to mid-July
By Kayode Sanni-Arewa
The Dangote Petroleum Refinery and Petrochemicals in Lagos State has postponed the supply date for Premium Motor Spirit (PMS), commonly known as petrol, from June to mid-July
Aliko Dangote, the President and CEO of the refinery, attributed the delay to minor setbacks but assured that the premium product would reach the market by the second to third week of July.
Dangote made this announcement during a visit from a Senate delegation led by Senate President Godswill Akpabio, who toured the $20 billion facility on Sunday.
He stated, “We experienced a slight delay, but PMS will start coming out by the 10th to 15th of July. We plan to keep it in the tank to let it settle, and by the third week of July, it will be ready for sale in the market.”
Senate President Akpabio lauded the refinery as the 9th wonder of the world and praised Aliko Dangote for his monumental achievement.
The refinery, which began operations last December, processes 350,000 barrels per day and has already started supplying diesel and aviation fuel to local marketers.
Oil marketers are hopeful that petrol prices from the Dangote Refinery will be significantly lower than the current retail prices of imported refined products, which range from N568 to N700 depending on the region.
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Just in: 24 people feared dead, others injured as bomb explodes in train station
No fewer than 24 people were killed and more than 40 injured in a bomb blast at a railway station in Quetta in southwestern Pakistan on Saturday, police and other officials told Reuters.
Pakistan is grappling with a surge in strikes by separatist ethnic militants in the south and Islamist militants in its northwest.
Inspector general of police for Balochistan, Mouzzam Jah Ansari, said 24 people have died from the blast so far.
The target was army personnel from the Infantry School,” he said, with many of the injured in critical condition.
“So far 44 injured people have been brought to civil hospital,” Dr. Wasim Baig, a hospital spokesman, told Reuters.
Senior superintendent of police operations, Muhammad Baloch, said the blast seemed to be a suicide bomb and that investigations were underway for more information.
“The blast took place inside the railway station when the Peshawar-bound express was about to leave for its destination,” Baloch said.
No group has claimed responsibility for the blast at Quetta’s main railway station, which is usually busy early in the day.
In August, at least 73 people were killed in Balochistan province after separatist militants attacked police stations, railway lines and highways.
The assaults in August were the most widespread in years by militants fighting a decades-long insurgency to win secession of the resource-rich southwestern province, home to major China-led projects such as a port and a gold and copper mine.
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EFCC Nabs Chinese Brothers, 2 Others for Alleged Illegal Dealing in Solid Minerals
Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested two Chinese siblings: Wang Jiang and Wang Richard for allegedly making efforts to export some solid minerals without requisite permit.
While Jiang was arrested at the Akanu Ibiam International Airport ,Enugu, the rest, including two Nigerians, Donatus Agupusi and Michael Benneth Agu, were arrested at the Enugu Zonal Directorate of the EFCC.
Their arrest followed an intelligence received by the Commission through the Federal Airport Authority of Nigeria, FAAN on November 3, 2024 involving Jiang who was intercepted at the hold baggage screening point, where unidentified suspicious stones believed to be solid minerals wrapped in three different pieces were discovered in his luggage.
Preliminary investigations into the matter revealed that Agupusi, owner of Great Wall Construction Limited, is the employer of the remaining suspects. Investigation also revealed that Jiang was attempting to travel out of the country with the solid minerals in order to carry out some tests on them in China.
Investigations further revealed that none of the four suspects had a permit to export the solid minerals to China.
The suspects will be charged to court as soon as investigations are concluded.
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