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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ONE FEARED DEAD AS GUNMEN ABDUCT JOURNALISTS TRAVELLING TO UYO FOR SUPER EAGLES MATCH. (PHOTO).

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 One feared dead as gunmen abduct journalists travelling to Uyo for Super Eagles match


Some sports journalists who were travelling to Uyo, through Anambra State, to cover a football event in Awka Ibom State, have been kidnapped.


The Super Eagles will take on Libya in an African Nations Cup qualifier in Uyo, Akwa Ibom State, on Friday.


A source told newsmen that the journalists, who were about 11 in number, were travelling in a bus through Iseke, around the Ihiala area of Anambra, when they were kidnapped.


The incident was said to have happened on Wednesday.


Another source said on Thursday morning that nine of the journalists have been rescued, while one is feared dead.


The source said four of the victims are still being held in captivity.


Meanwhile, Police authorities in Anambra have confirmed the incident.


The spokesperson of the Anambra State Police Command, SP Tochukwu Ikenga, who spoke to our correspondent on Thursday, said men of the Command have been deployed to rescue the journalists.


“We intercepted the information as was being shared on various social media platforms yesterday, and we went to work immediately.


“As I speak to you, a joint operation is ongoing. We are however not sure if they are in captivity or were able to escape.”


Ikenga said he has no information on the rescue of any of the victims, but assured that operatives of the Command were working to free the abducted newsmen.

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