Connect with me
profile/8386FB_IMG_15974064595259212.jpg
Abiyenews
NNPC Grants Dangote License To Import Fuel - Business - Nairaland
~0.8 mins read
Barring all unforeseen circumstances, Dangote imported fuel will soon enter Nigerian market as the Nigerian National Petroleum Company Limited (NNPCL ) has granted the Chairman of Dangote Group and President, Dangote Refinery and Petrochemical Company, Alhaji Aliko Dangote, licence to begin the importation of Premium Motor Spirit (PMS) or petrol into the country pending the completion of the 650,000 barrels per day plant at Lekki, Lagos, Nigeria.
ENERGY TIMES reliably gathered from top Presidency sources that the imported fuel would be discharged at Dangote barge and pumped into tanks and would sell at market dictated price to marketers while work progresses at the refinery.
The choice of Dangote to bring in the product was informed by NNPC’s 20% minority stake in the refinery.
NNPC is investing $2.76 billion deal in the plant which is paid in cash.
The second payment would be through crude sales, and the last payment would be through profits made by the company.
Continue Reading: Here
profile/8386FB_IMG_15974064595259212.jpg
Abiyenews
Now, Lets Get On With The Business Of The People President Tinubu
~1.3 mins read
[Now, Lets Get on With The Business of The People – President Tinubu]
President Bola Ahmed Tinubu has reacted to the emergence of the new leadership of the 10th National Assembly. Below is the statement by the President:
“The election of Distinguished Senator Godswill Akpabio, CON and Rt. Honourable Tajudeen Abbas as the President of the Senate and Speaker of the House of Representatives for the 10th National Assembly is a good development.
I heartily congratulate them and also rejoice with the new Deputy Senate President Jibril Barau and House of Representatives Deputy Speaker Benjamin Kalu for their well-deserved victories.
Being elected by their peers as presiding officers and assuming the leadership of the National Assembly is a great honour that comes with huge responsibility. I trust that you will justify the confidence reposed in you by your members and many Nigerians.
I wish Senator Abdulaziz Yari, Honourable member Idris Wase and Honourable Aminu Jaji who enriched the process with their participation in the leadership election the best and a successful tenure in the 10th National Assembly.
I urge them to sustain the same level of enthusiasm they brought to the leadership contest in the discharge of their duties to their constituents and Nigeria.
My congratulations to all members of the National Assembly, across party lines, who, today, enlisted into the service of the blessed people of our great country.
We have all been called upon and accepted the responsibility to diligently and faithfully serve our fatherland with the oath we took. It is time to get on and move swiftly with the business of governance in the service of Nigeria.
Read More: https://bit.ly/442gM69
#9jagossiper
Advertisement
Link socials
Matches
Loading...