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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RIVERS ASSEMBLY: WIKE LOYALISTS DECLARE PRO-FUBARA LAWMAKERS' SEATS VACANT. (PHOTO).

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 Rivers Assembly: Wike loyalists declare pro-Fubara lawmakers’ seats vacant


The Martin Amaewhule-led Rivers State House of Assembly has declared the seats of Edison Ehie, the Chief of Staff to Governor Siminalayi Fubara, and three other pro-Fubara lawmakers vacant in the wake of their absence from sittings for 152 days.

While making the declaration on Tuesday during plenary, Amaewhule explained that Ehie did not properly write to inform the House of his new office, and as such his seat has been declared vacant.

Regarding Victor Oko-Jumbo and the two others, the House held three separate votes to declare their seats vacant for absenteeism from sitting for 152 days consecutively without notification or permission, in violation of the 1999 Constitution.

The House further agreed to write to the Independent National Electoral Commission, INEC, to conduct elections to replace the now vacant seats within 90 days to provide representation for their people.

Also, the Assembly agreed to give Fubara another opportunity to present the 2024 Appropriations Bill following the Appeal Court’s nullification of the N800 billion budget which he had presented to a parallel House led by Edison Ehie.

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