M23 SAYS HUNDREDS OF BURUNDI SOLDIERS CAPTURED IN LATEST CONGO OFFENSIVE. (PHOTO).

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 M23 says hundreds of Burundi soldiers captured in latest Congo offensive The Rwanda-backed M23 group has captured hundreds of Burundian soldiers during its latest offensive in eastern Democratic Republic of Congo, a rebel official said, as clashes continued despite a warning from the Trump administration. Last week M23 entered the strategic town of Uvira near the border with Burundi, less than a week after the presidents of Congo and Rwanda met in Washington with U.S. President Donald Trump and affirmed their commitment to a peace deal known as the Washington Accords. U.S. Secretary of State Marco Rubio said on Saturday that Rwanda's actions in eastern Congo violated the Washington Accords and vowed to "take action to ensure promises made to the President are kept". Rwanda denies supporting M23 and has blamed Congolese and Burundian forces for the renewed fighting. A United Nations group of experts report published in July said Rwanda exercised command and control over t...
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DANGOTE CRASHES DIESEL PRICE, SETS DATE TO SUPPLY PETROL. (PHOTO).

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 Dangote crashes diesel price, sets date to supply petrol


Dangote Petroleum Refinery has forced down the pump price of Automotive Gas Oil, a.k.a diesel to around N1,350/litre in some locations across the country following its own price of N1,225/litre.

The price of the product had risen to about N1,700/litre before the current fall.

The $20bn worth refinery started pumping out diesel to the domestic market last Wednesday.

According to the newspaper, the company sold a minimum of one million litres to each registered oil marketer that got the product from the plant since it commenced diesel sale.

Officials of the multi-billion dollar plant and oil dealers confirmed that the product was dispensed to marketers at between N1,225/litre and N1,300/litre depending on the volume of purchase.

This came as it was also gathered that the refinery would start releasing Premium Motor Spirit to the domestic market in May this year.

“They started pumping out diesel to marketers last week. They also promised to sell aviation fuel soon. Some of my members confirmed this to me after making the purchase.

“So some of our marketers have started getting the product, but as an association, we have not got the product yet, because we want to get the actual rate that it will be sold to us when we buy in bulk. However, they have started selling diesel because some of our marketers have started buying.

“They are selling at N1,225/litre and the minimum volume they are giving is one million litres per marketer. Also, they assured us that they will release more products but for now, this (diesel) is what they are starting with. So we are expecting them to release PMS anytime from now,” National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi told Newsmen. 

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