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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RAPPER CASSPER NYOVEST FACES BACKLASH OVER DRIP FOOTWEAR'S (PHOTO).

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 Cassper Nyovest Faces Backlash Over Drip Footwear's Liquidation


South African rapper and entrepreneur Cassper Nyovest is under fire on social media for his alleged role in Drip Footwear's liquidation. The company owed R20 million in debts.


Users are questioning Nyovest's business acumen and commitment to supporting Black-owned businesses, given his past partnership with Drip Footwear.


Nyovest has yet to publicly address the liquidation and surrounding controversy.


South African sneaker brand Drip Footwear has been liquidated due to unpaid debts totaling R20 million. The news sparked debate online.


Some netizens criticized Cassper Nyovest, a former partner, for not supporting the business. Others defended Nyovest, arguing he doesn't have the means to cover the debt or that his wealth comes from savvy investments and assets.


The incident highlights challenges facing Black-owned businesses, with many attributing failures to unsustainable luxurious lifestyles. 

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