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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NIGERIA HAS BECOME BURIAL GROUND FOR POLICIES- OBASANJO. (PHOTO).

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 Nigeria has become burial ground for policies, says Obasanjo


Former President Olusegun Obasanjo on Saturday declared Nigeria has become a burial ground for policies, making the nation to take two steps forward and three steps backward. 


The former President insisted that Nigeria is not short on policies to achieve greatness but regretted that the country has over time became a “burial ground of policies as a result of unimplemented and unexecuted policies “.


Obasanjo said:” It is not enough for leaders to have policies or make statements. We are not short of policies in Nigeria. Unfortunately, Nigeria has become a burial ground of policies that are either unimplemented or unexecuted. 


Those who make progress achieved progress, not on the basis of wishing to make progress, but on taking actions. They do not take two steps forward and three steps backward. 


“Regrettably this is what we are doing in every aspect of our national life. And as long as we are doing things this way, progress will elude us. Let us carry the ones we can carry, we cannot be jack of all trade and master of none “.

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