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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SENATE POSTPONES SCREENING OF BIANCA OJUKWU, OTHER MINISTERIAL NOMINEES. (PHOTO).

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 Senate postpones screening of Bianca Ojukwu, other ministerial nominees


The Nigerian Senate has postponed the screening of President Bola Tinubu’s new ministerial nominees.

This is to enable the nominees to conclude all aspects of documentation and pre-screening exercises.

The screening exercise was initially scheduled to hold on Tuesday but the red chamber of the National Assembly said the exercise has now been shifted to Wednesday.

 Tinubu last Wednesday sacked five ministers and nominated seven new ones, who are awaiting Senate confirmation.

Tinubu also re-assigned 10 ministers to new ministerial portfolios.

The President nominated Bianca Odumegu-Ojukwu as the Minister of State Foreign Affairs, while Nentawe Yilwatda was designated as the Minister of Humanitarian Affairs and Poverty Reduction, officially bringing an end to the tenure of the suspended Betta Edu.

Others nominated by the President were Maigari Dingyadi as the Minister of Labour and Employment, Jumoke Oduwole as the Minister of Industry, Idi Maiha as Minister for the newly created Livestock Development Ministry, Yusuf Ata as the Minister of State, Housing and Urban Development, and Suwaiba Ahmad as Minister of State, Education.

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