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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THERE IS NO VACUUM IN LEADERSHIP AS THE PRESIDENT AND VP ARE OUT OF THE COUNTRY. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS STATEMENT


THERE IS NO VACUUM IN LEADERSHIP AS THE PRESIDENT AND VP ARE OUT OF THE COUNTRY


Following enquiries by journalists as to who is in  charge of our country as the President and Vice President are out of the country, we want to clarify:


 


1. It is important to note that the President and Vice President are fully engaged with the nation's affairs, even while they are away. There is no leadership vacuum in the country.


 


2. President Tinubu left the country on 3 October and is on a two-week working vacation. During this time, he has been busy answering phones and issuing directives on matters of state. He will soon return to the country before the vacation officially expires. 


3. The vice president departed the country Wednesday for Sweden on an official visit, working for Nigeria.


4. All state organs are functioning as usual. The Senate President, the Secretary to the Government of the Federation, Ministers, and Service Chiefs are all in their respective positions, ensuring the smooth operation of the government.


5. We had a similar situation in 2022 when former President Buhari and former Vice President Osinbajo were found to be simultaneously out of the country. President Buhari attended UNGA 77, while Osinbajo participated in the burial of Queen Elizabeth ll. 


6. We have also experienced it during this administration. Between late April and early May this year, while President Tinubu was in London, after visiting the Netherlands and Saudi Arabia, where he attended the World Economic Forum, Vice President Shettima left Nigeria, first of all for Nairobi to attend the International Development Association (IDA21) Heads of State Summit. After returning, he left for Dallas, Texas, to attend the US-Africa Business Summit organised by the Corporate Council on Africa. President Tinubu returned home on 8 May. During this time, the government's machinery did not halt. 


7. The Constitution, a testament to our adaptability in the virtual age, does not explicitly require the physical presence of either the president or the vice president in the country at all times to fulfil his duties.


Bayo Onanuga 


Special Adviser to the President


(Information and Strategy) 


October 16, 2024

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