Management of Dangote Petroleum Refinery has commenced registration of distributors for the lifting and distribution of refined petroleum products across the country.
So far, members of three prominent associations, that constitute 75 per cent of the total market in Nigeria have been registered. The associations are the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), the Independent Petroleum Marketers Association of Nigeria, (IPMAN), and Major Oil Marketers Association of Nigeria, (MOMAN).
Executive Secretary, Depot, and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Olufemi Adewole said that the association commenced discussions with Dangote Petroleum Refinery regarding the lifting and distribution of refined petroleum products last year during a meeting between DAPPMAN Chairman Dame Winifred Akpani, the 2nd Vice Chairman, Alhaji Mahmud Tukur and the President of Dangote Group, Aliko Dangote.
According to him, the meeting was to explore collaboration between the refinery and DAPPMAN members whose nationwide presence will be critical in distributing products from the refinery to the consumers.
He said the refining of petroleum products from Dangote Refinery would accelerate Nigeria’s economic development and provide DAPPMAN members with seamless access to refined petroleum products.
Speaking in the same vein, National Vice President of IPMAN, Alhaji Hammed Adekunle Fasola, said the association had declared its intention to lift and distribute petroleum products from Dangote Refinery.
He said: “We have already established a business relationship with Dangote Refinery. We believe that the relationship is going to be a win-win one. Our association owns 80 per cent of the retail outlets in the country and we have all it takes to ensure smooth distribution of petroleum products from Dangote Refinery across the country.”
Also, the Executive Secretary/Chief Executive Officer, MOMAN, Clement Isong said MOMAN members have registered with Dangote Petroleum Refinery to become marketers of its products.
“I confirm that my members have registered with them. We were waiting for the production to start and now it has started, and they will start discussing the commercial terms. So yes, major marketers and other players will buy for the market. The important thing was the registration.
“So now the commercial terms will be agreed with each marketer and then they will buy from them. There are several ways you can buy from them. They have loading ranks, over 90, so you can take your truck to go and pick. You can also use vessels to pick. Those are the two ways you pick products.”
Designed for 100% Nigerian Crude with the flexibility to process other crudes, the Refinery can load 2,900 trucks a day at its truck-loading gantries. The products from the Refinery will conform to Euro V specifications. The refinery design complies with the World Bank, US EPA, European emission norms, and Department of Petroleum Resources (DPR) emission/effluent norms, employing state-of-the-art technology.
Dangote Petroleum Refinery can meet 100% of Nigeria’s requirement for all refined products (Gasoline, 45 million litres per day; Diesel, 14 million litres per day; Kerosene, 10 million litres per day and Aviation Jet, 2 million litres per day) and have surplus for export.
Reacting to the spate of reports claiming to be appointed distributors of Dangote Petroleum products, the Management of Dangote Industries Limited noted that the registration of distributors has commenced. It, however, added that the process of appointment is ongoing. “All news regarding the Dangote Refinery should not be taken as a matter of fact if not officially communicated by the company”, the management stated.
File - Sundar Pichai, CEO of Google and Alphabet, takes part in a discussion at the Asia-Pacific Economic Cooperation (APEC) CEO Summit Nov. 16, 2023, in San Francisco. A legal advisor to the European Union's top court said Thursday that Google should still pay a whopping fine in a long-running antitrust case in which regulators found the company gave its own shopping recommendations an illegal advantage over rivals in search results.
CNN —
Google CEO Sundar Pichai warned employees to expect additional layoffs in the months to come as the tech giant reorients itself toward artificial intelligence “and beyond.”
In a companywide memo obtained by CNN, Pichai said Wednesday that the job cuts — which have already affected hundreds of Google employees in the past week alone — won’t be to the same scale as the layoffs last year that trimmed Google’s workforce by 12,000 employees.
Some parts of Google’s business will not be hit by this year’s changes, he said. Still, Pichai wrote, “some teams will continue to make specific resource allocation decisions throughout the year where needed, and some roles may be impacted.”
“We have ambitious goals and will be investing in our big priorities this year,” Pichai added. “The reality is that to create the capacity for this investment, we have to make tough choices …. [and] to simplify execution and drive velocity in some areas.”
“I know it’s very difficult to see colleagues and teams impacted,” Pichai continued, adding that the company is committed to helping affected employees and to help them find jobs elsewhere at Google or outside of the company.
The memo came as The New York Times reported Wednesday that Google-subsidiary YouTube was laying off 100 workers. CNN has not independently verified the YouTube layoffs.
A Google spokesperson confirmed to CNN the existence of Pichai’s memo as well as the YouTube layoffs, which affect roughly 100 roles in the company’s partnerships organization that handles outreach to YouTube content creators.
Junior officer 👮 of the Nigeria Arm, Mostly major's overthrow the government in a coup d'etat.
Most of whom were Igbo,assassinated Balawa in Lagos,Akintola in Ibadan,and Bello in Kaduna,as well as some senior northern 👮 officer. The coup leaders pledge to established a strong and efficient government committed to a progressive program and eventually to new Election.
They vowed to stop the postelection violence and stamp out corruption that that they said was rife in the civilian administration. General Johnson T.Aguiyi-ironsi,the most senior military officers, and incidentally an Easter (Igbo),stepped in to restore order, become the Head of StateGistme
5 years. Almoruf, FIVE YEARS of matrimonial activities. I used to tell everyone that would listen that you're the best man I know. We're not even the exact same people anymore, but it's still true baby. I'm so thankful to God for my life with you. I love you so truly, deeply, completely. You're my best friend. I feel safe with you. And seen. And spoiled. And happy. And favoured. Thank you for contributing your DNA for us to make the most amazing child in the world. Thank you for continuing to choose me - with your actions, your words, your intentions. I love you Mr Kosoko. I also like you very, very much. You're a good man and I'm blessed. 🥂 To many more decades of goofing around, growing together and loving on each other in Jesus name.
If I no get you it's like the sun without the light
WARNING‼️ ALL PODCASTERS,INFLUENCERS, YOUTUBERS & MODERATOR/HOST
While I will not speak to the Legere case, I can tell you, there is MORE to come. I will be aggressively seeking damages against ALL who attempt to defame my name, brand or businesses without providing supporting facts and due diligence to support your libelous
And you will NOT be able to hide behind the veil of “he is a public figure,” “in my opinion,” or “I was drunk” as your defense.
Additional Warning ‼️
ALL YouTubers, influencers, podcasters, moderators and hosts on Audio platforms, including guest on live or recorded social platforms who seek to damage a business, brand or name without providing supporting facts and due diligence to support their claims and headlines must be stopped from their viscous and damaging libel.
President Bola Ham and Tinubu has approved the appointment of the Board members of the midstream and Downstream Gas infrastructure fund (MDGIF)
The special advise of the president on media publicity Ajuri
Negelale disclosed this in a statement on Friday morningGistme
By Moruf Akanbi
Ngelale said that Tinubu mandated the appointees to discharge their duties by uphol sawding the highest standards of transparency, discipline, and patriotism.
He said those virtues were in line with the administration’s drive to enhance the role of the gas sector in achieving robust and inclusive economic growth for Nigeria.
The appointees are MDGIF Governing Council Chairman – Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo; MDGIF Executive Director – Mr Oluwole Adama and MDGIF Governing Council Secretary, Mr Joseph Tolorunshe.
Mr Farouk Ahmed is the NMDPRA Chief Executive, with representatives of the Central Bank of Nigeria and the Federal Ministry of Finance as part of the board.
The three MDGIF Independent Members of the Board are Ms Amina Maina (North-East), Mr Edet David Ubong (South-South), and Mr Tajudeen Bolaji Musa (South-West).
Two Police Inspectors: Sunday Adetoye and Ogunleye Stephen, attached to the Zone 2 Command headquarters, Onikan, Lagos, have been dismissed, for offences which the zone described as armed robbery, official corruption and illegal duty.
The National Association of Nigerian Students President for Benin Republic, Ugochukwu Favour, has called for the arrest of the reporter, Umar Audu, who went undercover to expose corruption in the issuance of certificates in the country.
Speaking in an interview on Thursday on the Channels TV programme Sunrise Daily, Favour slammed the reporter for having his passport stamped and obtaining certificates without being physically present.
“Your passport was stamped while you were not available there. Now, and that aside, this guy served in 2019. And he still served again in 2023,” he said.
Favour claimed the reporter was implicating the government and questioning the credibility of agencies like the Immigration and National Youth Service Corps by going undercover.
“He has to be arrested. This guy needs to be arrested because, I know, he’s a reporter who is trying to clear out some things but on that note, you are trying to implicate some persons now because, in a sense, you’re trying to implicate the government, the NYSC and the immigration,” he said.
When asked by the interviewer if the reporter’s efforts exposed loopholes that should be addressed, the NANS president said, “I’m not doubting that but then since this is out already, I want to urge the government to look into it and take the necessary steps as fast as possible,” he responded.
From petrol subsidy removal to naira scarcity, the presidential electoral victory of APC’s Bola Tinubu, several union strikes, food inflation, foreign exchange crisis, Victor Osimhen and Asisat Oshoala’s continental and global victories, Mohbad and Rotimi Akeredolu’s deaths, the travails of ex-bank chief Godwin Emefiele, the episodes of the last 12 months were shocking to many, disappointing to some and unfathomably exciting to others.
Here’s a highlight of the top stories that shaped the nation in 2023:
Naira scarcity was a carryover challenge from late 2022. Outrage followed the redesign of three naira notes – N1,000, N500 and N200 – by the Central Bank of Nigeria (CBN). The deadline for the validity of old naira notes and the attendant scarcity of new banknotes shook the economy with many small businesses badly affected.
The ugly phenomenon saw extortion of cash-strapped Nigerians by exploitative Point of Sale (PoS) agents. Protests followed across the country with protesters burning some banks and Automated Teller Machines (ATMs).
Politicians including the then-presidential candidate of the All Progressives Congress (APC) and eventual winner of the poll, Bola Tinubu, were unsparing in berating the CBN for allegedly trying to undermine their chances at the February and March polls through the scarcity of naira notes.
Some then APC governors led by Nasir El-Rufai of Kaduna State subsequently approached the Supreme Court and the court (in March 2023) extended the validity of old notes till December 31, 2023. The Supreme Court modified the ruling in November, allowing the old naira notes to remain valid indefinitely.
The 2023 general elections came with much anxiety but, on March 1, three days after Nigerians went to the polls, Bola Tinubu, a former Lagos State governor, was declared the winner and Nigeria’s President-elect.
The All Progressives Congress candidate polled 8.7 million votes to defeat former-associate-turned-competitor, Atiku Abubakar of the Peoples Democratic Party (PDP), who scored 6.9 million, and ex-Anambra State governor, Peter Obi of the Labour Party who garnered 6.1 million.
The two opposition politicians rejected the results and demanded a cancellation of what they called a “sham” of an election. They challenged the matter up to the Supreme Court but the ex-Lagos governor won at the end of the day.
3. ‘Fuel Subsidy Is Gone’
Nigeria’s President Bola Ahmed Tinubu (2nd right), takes his oath of office during the swearing-in of a new Nigeria president at the Eagle Square in Abuja, Nigeria on May 29, 2023. Photo: Sodiq Adelakun
On March 29, 2023, with the Muhammadu Buhari administration over after eight years, the new President, Tinubu, gave the nation’s economy a jolt in his inaugural speech when he declared that ‘Fuel subsidy is gone!’.
The surprising announcement forced fuel prices at government-owned petrol stations to surge from below N200 to more N600 per litre. Many businesses and families are still groaning under the impact of this policy but the new administration has continued to defend the move as necessary arguing that the subsidy regime favours the rich and the corrupt, not the poor.
The removal of the subsidy on petrol was a big blow to the finances of many Nigerians as food prices, transportation costs, and prices of commodities were adversely affected. These price increases, in turn, led to job cuts in virtually all sectors. In the first weeks that followed the subsidy removal, stories of Nigerians walking to and fro different destinations due to soaring transport costs. Many others with cars dumped them at home with some selling off their cars, especially those with high fuel consumption, as they tried to adjust to the subsidy removal.
President Tinubu’s administration has announced various measures to cushion the effect and has promised that the move would pay off in the long run.
4. Forex Crisis
A man exchanges Nigeria’s currency Naira for US dollars in Lagos, Nigeria (Photo by PIUS UTOMI EKPEI – AFP)
Another development that had a major impact on the year was the decision of the Tinubu administration to float the naira, allowing the value of the naira to “be determined by market forces”. The decision has seen the value of the naira plummet with the dollar exchanging for over N1,000 at the parallel market. The new administration has since announced some interventions but they have yet to shore up the currency.
5. Emefiele’s Travails
FILE: Former CBN Governor, Godwin Emefiele, at the FCT High Court, Abuja on August 17, 2023. Photo: Channels Television/Sodiq Adelakun
Former Central Bank Governor Godwin Emefiele’s travails dominated the headlines for months this year. The travails started less than two weeks after the inauguration of President Tinubu. By June 9, 2023, after nine years of leading the Central Bank and Nigeria’s monetary policy, Emefiele had been suspended by the President. The next day, he was arrested by the Department of State Services (DSS) with a viral video showing him being tucked into a Hilux van and whisked away. He would be held for months before the secret police passed him over to the Economic and Financial Crimes Commission (EFCC) for money laundering and fraud-related offences, allegations he has denied.
Emefiele would later be released on bail after about six months in custody, but the trial of the ex-bank chief is still ongoing with fresh allegations being leveled against him by a presidential investigator probing his tenure as CBN chief.
6. Exit Of Multinationals
In this file photo taken on July 29, 2013, the headquarters of the British pharmaceutical company GlaxoSmithKline (GSK) is pictured in west London. Ben STANSALL / AFP
With biting double-digit inflation, soaring food prices, and hardship occasioned by subsidy removal, in the third quarter of the year, Nigerians again grappled with the news that multinationals that had operated in the country for decades were closing shop.
GlaxoSmithKline (GSK), a British multinational pharmaceutical and biotechnology company known for many household brands like Panadol, Sensodyne, and other drugs shut its Nigerian subsidiary, saying it would adopt a distributor-led model for the country’s market. Also, multinational consumer goods and manufacturer Procter & Gamble exited Nigeria during the year, saying that it had become increasingly difficult to operate in the country.
7. NLC & Other Strikes
FILES: NLC President Joe Ajaero leads a protest
As usual, strikes by labour unions surfaced prominently in the year. There were several protests and industrial actions by the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC), as well as their numerous affiliates including the Nigerian Medical Association (NMA), and the Nigerian Association of Resident Doctors (NARD). Common denominators for the strikes include demands for increased salaries and better welfare packages for members.
Prominent amongst the many labour actions in the year was the declaration of a nationwide by the Organised Labour in early November over the brutalisation of NLC President, Joe Ajaero, in Imo State.
8. Mohbad’s Death
A file photo of Mohbad.X@steadydey
On the entertainment scene, there were highs and lows as well as a roll call of unfortunate slips from this terrestrial ball but the demise of Nigerian rapper, IleriOluwa Aloba better known as Mohbad, who died in controversial circumstances on September 12 triggered a nationwide outrage and calls for justice.
The hashtag, #Justice4Mohbad, spread like wildfire similar to the #EndSARS protests of 2020. Several protests were held across the nation, attracting swift reactions from the Federal Government and the National Assembly. The Inspector General of Police, Kayode Egbetokun, also joined in reacting to the protests and assured Mohbad’s fans that justice would be served on the matter.
Already, some arrests have been made and an autopsy conducted to ascertain the cause of the singer’s death. The case is undergoing investigation and many Nigerians are expecting that justice be served.
9. Fubara, Wike Fued
L-R: Governor Siminalayi Fubara and his predecessor Nyesom Wike during Fubara’s inauguration on Monday, May 29, 2023. (Photo: Facebook/Sir Siminalayi Fubara)
In oil-rich Rivers State, all was not calm in the last quarter of 2023. The cause – a fallout between Governor Siminalaye Fubara and his predecessor and godfather Nyesom Wike. As the discord between both men careened towards irreconcilable, the state and the country were dragged in to witness major drama. Enter the House of Assembly with an impeachment plot against the governor.
That move would lead to the Assembly complex being torched and subsequently demolished with the members divided into camps – one on the governor’s side and the other in support of Wike. It would take the intervention, one week to Christmas, for both men to sign a peace deal. The deal itself has come under criticism but Governor Fubara has promised to implement the agreement.
10. Obaseki, Shaibu Feud
Edo Deputy Governor, Philip Shaibu (L) and Governor Godwin Obaseki (R)
Before things almost went off the rails in River, another state witnessed a fallout between allies. In Edo State, 2023 did not represent the best of times for the relationship between Governor Godwin Obaseki and his deputy, Philip Shaibu. Both men found themselves in a superiority battle with Shaibu looking to succeed his boss and his boss preferring another for successor. There have been accusations and counter-accusations, alleged impeachment plots as well as a plea for forgiveness and the the announcement of forgiveness. Meanwhile, Shaibu declared his intention to run for office in the 2024 poll in the state, a decision observers believe may rock the boat once again.
11. Osimhen, Oshoala Win Big
Osimhen is the first Nigerian to win the prize since 1999. Photo: CAF
The year was not all gloomy as Super Eagles’ star Victor Osimhen and his Super Falcons’ counterpart Asisat Oshoala won big at the Confederation of African Football (Awards) in early December.
Oshoala won the treble with Spanish side Barcelona earlier in the year. Photo: X@CAFonline
At the event in Morocco, Osimhen was named African Footballer of the Year while Oshoala was crowned the queen of continental football.
12. Akeredolu’s Death & Ondo Politics
A file photo of Akeredolu.
After a long battle with prostate cancer, Arakunrin Rotimi Akeredolu died on December 27 while in office as Ondo State Governor. Akeredolu, aged 67, died in Germany, leading to an outpouring of tributes to the former Nigeria Bar Association President.
After his death, his deputy Lucky Aiyedatiwa, who had faced impeachment proceedings, was inaugurated as governor, laying to rest a months-long leadership controversy in the state.
![](data:image/svg+xml;charset=utf-8,<svg height="853px" width="1280px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="350px" width="650px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="1734px" width="2560px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="1080px" width="1920px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
