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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SOUTH AFRICAN EX-ANC SPOKESPERSON AND SIX OTHERS ARRESTED FOR ALLEGED CORRUPTION, FRAUD, THEFT ETC. (PHOTO).

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 Pule Mabe, a former African National Congress (ANC) spokesperson, and six other suspects have been arrested for alleged corruption involving fraud, theft, and contravention of the Public Finance Management Act (PFMA) and Prevention of Organized Crime Act (POCA). 


The suspects, including high-ranking officials, company directors, and a former Member of Parliament, handed themselves over to the Hawks' Serious Commercial Crime Investigation unit in Gauteng. 


The Specialised Investigating Unit (SIU) forensic report revealed that the Gauteng Department of Agriculture and Rural Development awarded a R27 million tender to Enviro-Mobi in March 2017. However, the Chief Director and Chief Financial Officer allegedly processed and paid R25 million to Enviro-Mobi for 200 motorized three-wheelers, which remained in the service provider's possession.


They are expected back in court on 25 March 2025.

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