News
Marketers distribute 25 million litres Dangote diesel
Independent marketers have lifted and distributed over 25 million litres of Automotive Gas Oil, popularly called diesel, produced by the Dangote Petroleum Refinery in less than three months after the plant started releasing AGO to the market.
It was also gathered on Saturday that the registration of oil marketers with the $20bn firm was still ongoing, as more dealers register with the plant ahead of its readiness to push out Premium Motor Spirit, also known as petrol, into the domestic market in July.
Marketers are also ready to begin PMS distribution from the plant.
The Independent Petroleum Marketers Association of Nigeria, Major Energies Marketers Association of Nigeria, and Petroleum Products Retail Outlets Owners Association of Nigeria confirmed the registration of their members with the Lagos-based refinery.
They also confirmed the continued lifting of diesel from the facility, stating that this has stabilised the price of the commodity and ensured its adequate supply since the commencement of production in March this year.
Diesel price crashed from about N1,800/litre to N1,200/litre after Dangote refinery released the product into the Nigerian market late March 2024, and since then the product’s availability has been guaranteed across the country.
Commenting on the stability of diesel price and its availability since Dangote started production, as well as the registration of marketers with the refinery, the National Public Relations Officer, IPMAN, Chief Ukadike Chinedu, told our correspondent that over 25 million litres of AGO from the plant had been distributed by IPMAN members nationwide.
“Independent marketers are registering with Dangote, and many of us have lifted a lot of product from Dangote’s depot. I’m aware of so many marketers who have registered with the Dangote refinery.
“I can also confirm that independent marketers have loaded over 25 million litres of diesel since the refinery started the domestic sale of diesel to downstream oil sector operators in Nigeria,” Ukadike stated.
On April 2, 2024, oil marketers revealed that the Dangote refinery had commenced the sale of diesel to the domestic market.
Dealers and officials of the plant also confirmed the development at the time, as they explained that the plant actually started diesel sales the previous week.
“They started pumping out diesel to marketers since last week. They also promised to sell aviation fuel soon. Some of my members confirmed this to me after making a purchase,” the National President, IPMAN, Abubakar Maigandi, had told our correspondent at the time.
Maigandi had also stated that the move by Dangote would lead to a crash in diesel price, as the commodity rose to a high of about N1,700/litre at the time.
“The price of diesel is going to fall because of the release of products from Dangote Refinery. In fact, it is already coming down in Lagos,” Maigandi had stated.
This eventually happened after Dangote crashed diesel price to N1,200/litre.
Although officials of the Dangote refinery have remained silent on issues about the plant, dealers stated on Saturday that the marketers were anxiously awaiting the release of petrol from the plant, with the hope that this may crash the cost of the commodity.
“Marketers are loading more products from the plant and are eager to begin the lifting of PMS from the refinery, since the Chairman of the group has said that PMS should hit the market in July,” Ukadike stated.
He added, “I must say that it is a good thing to know that PMS is being finalised for release from that plant. This is because since Dangote diesel came into the market the price of diesel has not crossed the N1,200/litre mark.
“Independent marketers even in far away northern states are selling diesel at N1,200/litre at the pumps. So the coming of Dangote has slowed down the skyrocketing price of diesel. Now we are expecting PMS by July and this will end the importation of petroleum products.”
The First Lady, Mrs Oluremi Tinubu, on Saturday, refuted reports that she will be leading a seven-day national prayer for Nigeria.
This followed a report last week that Mrs Tinubu and the National Security Adviser, Mrs Nuhu Ribadu, will spearhead a national prayer session to tackle the country’s numerous challenges.
The reports quoted the Director-General of the National Prayer Forum, Segun Afolorunikan, announcing the event in Abuja.
Afolorunikan had said the initiative, coordinated with Christian and Muslim religious leaders, intends to seek divine intervention for the country’s socio-economic and security issues, under the theme ‘Seeking the Intervention of God in Nigeria’s Affairs.’
“Christians will meet at the National Ecumenical Centre for a week of intense prayer, with prayer warriors from various denominations focusing their efforts on the nation’s adversities,” said the convener.
However, the First Lady has denied knowing any such arrangement saying a call for prayer must be done “willingly, conscientiously and correctly.”
Mrs Tinubu’s Senior Special Assistant on Media, Mrs Busola Kukoyi, conveyed this in a statement she signed Saturday titled ‘First Lady of Nigeria Oluremi Tinubu, CON refutes organising national prayer.’
It read, “This is to clarify and inform the general public that the First Lady of Nigeria is not organising a national prayer.
“The news making rounds in some conventional and social media platforms is unfounded and misleading.
“Consequently, anyone who might have come across the purported news of the joint National Prayer for Nigeria should disregard it as false.”
Kukoyi said the First Lady, a Christian and strong advocate of prayer and praying for Nigeria, believes that prayer is an act that must be done willingly, conscientiously and correctly.
“She also believes that praying for Nigeria is the responsibility of every Nigerian, irrespective of religious belief, political affiliation, tribe or tongue.
“Members of the public are advised to verify the authenticity of any news or event involving the First Lady of Nigeria or her office through official channels,” the statement concluded.
A building of 25 shops has been gutted by fire in the early hours of Saturday in Ilorin, the Kwara state capital.
According to the state fire service, the incident occurred at Adeta roundabout at about 02.39 hours.
A statement in Ilorin on Saturday by the spokesman of the service, Hassan Adekunle, said the firefighters, upon arrival, found a block of about 25 shops engulfed in flames.
“Thanks to the swift action and bravery of the Kwara State fire service officers, only three shops suffered damage, including a soft drinks and alcohol shop.
“Preliminary investigations indicated that the fire was caused by a power surge,” the statement disclosed.
The Director of the State Fire Service, Prince John Falade Olumuyiwa, expressed sympathy for the affected shop owners, offering prayers for the restoration of their losses.
He also urged the public to prioritize safety and ensure all electrical appliances are unplugged when not in use.
The newly emerged terror group known as Lakurawa, is reportedly offering as much as one million naira to young men in exchange for their allegiance.
This was made known on Saturday by Zagazola Makama, a Lake Chad Basin counterterrorism and insurgency expert, in a post on his X handle.
Makama disclosed that an impeccable source informed him that Lakurawa, allegedly composed of individuals from Mali, Chad, Libya, Niger, and Burkina Faso, was actively recruiting local youths in Sokoto through substantial financial incentives.
He stated that according to witnesses’ accounts, the financial lure is part of an aggressive recruitment campaign aimed at attracting followers to their cause.
The security expert said that Lakurawa, unlike traditional criminal gangs, reportedly adhere to extremist ideologies linked to the Khawarij sect, similar to the beliefs of Boko Haram.
Makama added: “Local sources suggest that they employ a combination of financial incentives and ideological influence to gain support among vulnerable communities.
“Beyond the recruitment, the Lakurawa reportedly confront and expel bandits and confiscate their cattle in areas under their control.
Watch video below:
https://twitter.com/ZagazOlaMakama/status/1855319733282758848?ref_src=twsrc%5Etfw
First Lady denies leading national prayer
25 Shops destroyed as fire guts building in Ilorin
New terror group Lakurawa offers N1m incentives to recruit Sokoto youths + Video
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