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 TO HOST INDIAN PM MODI SUNDAY IN ABUJA. (PHOTO).

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 Tinubu to host Indian PM Modi Sunday in Abuja


President Bola Tinubu will on Sunday host the Indian Prime Minister, Narendra Modi, for a State Visit at the Presidential Villa in Abuja.


The Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this in a statement on Saturday. His visit to Nigeria will be the first by an Indian prime minister since Dr Manmohan Singh’s state visit in 2007 when the two nations established a strategic partnership.


The presidential spokesman said both leaders would have further talks on strengthening Nigeria and India’s ties. “Both leaders will exchange signed Memoranda of Understanding to enhance collaboration in critical sectors,” Onanuga said.

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