PDP, IGHODALO’S APPEAL WILL CRASH, OKPEBHOLO ASSURES. (PHOTO).

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 PDP, Ighodalo’s appeal will crash, Okpebholo assures Edo State Governor, Senator Monday Okpebholo (middle, backing the camera), while addressing the tumultuous crowd of supporters at his victory rally in Irrua, Esan Central Local Government Area in Edo Central Senatorial District of the state. Edo Governor Monday Okpebholo has declared the appeal by the Peoples Democratic Party (PDP) and its governorship candidate, Dr. Asue Ighodalo, would crash at the Court of Appeal. Okpebholo spoke at Okaijesan Town Hall, Irrua, venue of the celebration of his Wednesday’s victory at the election petitions tribunal in Abuja, which Ighodalo and PDP vowed to appeal with the well-attended and colourful rally hosted by Edo Central senatorial district’s leaders. He expressed gratitude to Edo residents for their massive support and prayers, while assuring them that his administration would continue with the current pace of developmental strides. The Governor maintained that Ighodalo and PDP were free ...
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WE'LL BE FORCED TO EXPORT 97% OF OUR PETROL- DANGOTE REFINERY WARNS. (PHOTO).

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 We’ll be forced to export 97% of our petrol – Dangote Refinery warns


Dangote Refinery has said that it will be forced to export 95-97 percent of its Premium Motor Spirit (petrol) because of low patronage by marketers in Nigeria.


This is as the 650,000 barrels per day indigenous oil firm revealed that only 3 to 5 percent of petrol marketers are willing to buy its petrol.


The Vice President, Oil and Gas at Dangote Industries Limited, Devakumar Edwin, disclosed this on Wednesday during an X Space session organized by Nairametrics.


He gave insights into the challenges facing the Dangote Refinery and the country’s oil and gas sector.


“I’m selling 2 to 3 percent to small traders who are willing to buy, while the rest 95 to 97 percent I’m forced to export,” he said while speaking about the quantity of the refinery’s products sold locally.


The development comes as Sunday’s date for NNPCL to lift Dangote Refinery’s fuel approach without a visible plan.


Recall that the President of Dangote Group, Aliko Dangote announced Dangote Refinery’s first petrol rollout.


He, however, disclosed its distribution to marketers is dependent on the NNPCL.

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