The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Depot and Petroleum Products Marketers Association (DAPPMA) have called for the total deregulation of the downstream sub-sector of the country’s oil and gas industry. The marketers under the aegis of IPMAN and DAPPMA told the...
Rewane seeks clarification By Adewale Sanyaolu and Fred Itua, Abuja Strong indications have emerged that the Federal Government may soon resume the payment of petrol subsidy before mid 2018. Although it is still unclear when this will happen, findings by Daily Sun revealed that the outcome of...
A presidential committee set up to find solution to the perennial fuel supply crisis is considering three options for the price of oil to remain at N145 per litre.
The options before the federal government include;
1. Allowing oil marketers to import fuel and sell at their own price while NNPC...
nnpc mega stations
price of fuel in nigeria
Oil marketers under the aegis of the Depot and Petroleum Products Marketers Association refuted the NNPC’s claims on the crash of the PMS price, arguing that the corporation might have reduced petrol price at its stations because of its relative ease of assessing foreign exchange.
depot and petroleum products marketers
price of oil and gas
The Nigerian National Petroleum Corporation and marketers in the downstream oil sector have said that there is no plan to increase the pump price of Premium Motor Spirit, otherwise known as fuel.
The Nigeria Labour Congress recently declared that the Federal Government should not test its...
price of oil in nigeria
Minister of State for Petroleum Resources, Ibe Kachikwu, and the Group Managing Director of the NNPC, Maikantu Baru held a closed door meeting with President Muhammadu Buhari on Monday, 5th 2016.
The meeting came after the marketers expressed support over the decision reached at a gathering of...
why price of oil may increase
Members of the Adhoc committee on Crude Oil Swap deals have prepared 127 questions for oil marketers with oily fingers to answer, according to Vanguard.
Also, agencies and marketers found wanting will be made to cough out such ill-gotten monies with interests paid into the coffers of the...
Facts have emerged that Nigerian Communications Commission have been on the neck on all the telecom operators in Nigeria to deactivate unregistered sims in the country, with only MTN disregarding such notice and instruction.
Here are the 5 strong reasons MTN must comply with government...
Oil Marketers in Nigeria has come to out to say that they have backlog of unpaid claims to receive from the Federal Government since August 1, 2014 which has risen to N470 billion.
This is even as the marketers say they require in excess of $2 billion dollars to pay off their foreign suppliers...