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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TINUBU APPOINTS FOUR MINISTER FROM OGUN. (PHOTO).

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 Tinubu appoints four ministers from Ogun


President Bola Ahmed Tinubu has appointed Jumoke Oduwole to head the Ministry of Industry, Trade and Investment, marking her the fourth minister from Ogun State in his cabinet.


Daily Trust reports that it is uncommon to have more than two ministers from one state in the federal cabinet.


During the Federal Executive Council meeting on Wednesday, Tinubu announced the appointment of seven new ministers.


The new ministers include Ambassador Bianca Odumegwu Ojukwu, widow of the late Ikemba of Nnewi, as Minister of State for Foreign Affairs; and Jumoke Oduwole, ex-Executive Secretary to the Presidential Enabling Business Environment Council, as Minister of Industry, Trade and Investment.


Others are Dr Nentawe Yilwatda, Minister of Humanitarian Affairs and Poverty Reduction; Muhammadu Maigari Dingyadi, Minister of Labour and Employment; Idi Mukhtar Maiha, Ministry of Livestock Development; Rt. Hon. Yusuf Abdullahi Ata, Minister of State, Housing and Urban Development; and Dr Suwaiba Said Ahmad, Minister of State Education.


Sunday Dare, a former Minister of Sports, has been appointed Special Adviser to the President on Public Communication and Orientation.


The president also relieved five ministers from their positions.


With Oduwole’s appointment, Ogun State now boasts four ministers in the federal cabinet: Adekunle Salako (Minister of State for Environment); Bosun Tijani (Minister of Communications, Innovation and Digital Economy); and Wale Edun (Minister of Finance).

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