DANGOTE REFINERY TO SUPPLY 60 MILLION LITRES OF PETROL WEEKLY TO IPMAN TO BOOST CRUDE IMPORTS. (PHOTO).

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 Dangote Refinery To Supply 60 Million Litres Of Petrol Weekly To IPMAN To Boost Crude Imports The Dangote Petroleum Refinery has reached an agreement to supply 60 million litres of Premium Motor Spirit (PMS) to the Independent Petroleum Marketers Association of Nigeria (IPMAN) on a weekly basis, which translates to 240 million litres per month. This comes as the $20bn Lekki-based refinery seeks to raise billions of dollars to import crude oil and increase production to reach its full capacity of 650,000 barrels per day. IPMAN National Publicity Secretary, Chinedu Ukadike, confirmed that the association is finalizing discussions with Dangote and expects to start lifting PMS from the refinery before the end of November. The agreement has already led to a drop in petrol prices by N10 to N15 due to increased competition in the downstream sector following deregulation. In the past 42 days, the Nigerian National Petroleum Company Limited (NNPC) and other marketers have imported over two bil
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COMOROS TO HOLD PARLIAMENTARY ELECTIONS JANUARY NEXT YEAR. (PHOTO).

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 Comoros to hold parliamentary elections January next year


Comoros will hold elections to its 33-seat parliament on Janueray 12, according to a decree, although opposition parties have said they will boycott the poll, Reuters reported.


The Indian Ocean archipelago, with a population of about 800,000 people, last had parliamentary polls in January 2020.


In January incumbent President Azali Assoumani was re-elected for another five-year term, but the opposition rejected the results, alleging instances of ballot stuffing and of voting being ended before the official closing time.


The government denied the claims.


Assoumani's opponents accuse him of authoritarian excesses and suspect him of wanting to prepare his eldest son, Nour El-fath, to replace him in 2029 when his current term ends.


Assoumani has been ruling Comoros since 1999 when he came to power through a coup. He has since won three elections.

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