Tag: oil marketers
‘Why Tinubu must intervene in Farouk Ahmed, Dangote face-off’
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) also condemned the ongoing war between Dangote and Ahmed and…
Okupe to NNPCL, marketers: Don’t make Tinubu looks bad
Okupe, in a statement on Friday titled: ‘Dangote Refinery, NNPCL, Oil Marketers and the Voodoo of PMS Pricing’, urged all…
No fuel scarcity this yuletide, oil marketers assure Nigerians
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reiterated its commitment to ensure 24-hour supply of petroleum products across…
Subsidy: Nigerian Govt pays oil marketers, freezes interest on loan
Mr Henry Ikem-Obih, Chief Operating Officer, Downstream, Nigerian National Petroleum Corporation (NNPC) says the Federal Government has paid the agreed…
Oil marketers to get N236bn subsidy claims on Dec.14
The Federal government said on Saturday that oil marketers would be paid N236 billion out of N348 billion approved by…
Fuel scarcity looms as oil marketers’ ultimatum expires Monday
Prospects of another round of fuel scarcity in the country emerged Saturday as oil marketers said they were yet to…
N800b subsidy debt: Fuel scarcity looms as marketers give Govt 7-day ultimatum
Oil marketers on Sunday in Lagos gave the Federal Government seven-day ultimatum to settle outstanding debts totalling N800 billion, failing…
N800bn subsidy debt: Oil marketers send SOS to Nigerian govt
Oil marketers on Sunday appealed to Federal Government to effect quick payment of its outstanding N800 billion subsidy debts. The…
DMO begins payment of arrears to oil marketers
The Debt Management Office (DMO), says it has commenced the accelerated implementation of settlement of government arrears through promissory notes…
Oil marketers blame govt for massive retrenchment in sector
Oil marketers have appealed to the Federal Government to pay them over N650 billion subsidy arrears to reverse the gale…
Oil marketers call for regulation of petroleum industry
Oil marketers and the Organised Private Sector [OPS] on Sunday, canvassed for two regulatory bodies to regulate the oil industry…
Association appeals to govt. over nonpayment of marketers
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSEN) on Wednesday appealed to Federal Government over continued indebtedness of…
Oil Marketers Urge FG To Pay Outstanding Subsidy
The Major Oil Marketers Association of Nigeria (MOMAN) has appealed to the Federal Government to pay the outstanding fuel subsidy…
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FG, Oil Marketers Agree To Sell Petrol At N145 A Litre
The federal government and major oil marketers in the nation’s downstream sector have reached an agreement to retain the cost…
No forex to import petrol, oil marketers tell govt
Oil marketers on Friday in Abuja called on the Federal Government to assist them in making foreign exchange available for…
FG pays oil marketers outstanding N48.2b subsidy arrears
The Minister of Finance, Mrs Kemi Adeosun, on Tuesday said the Federal Government has paid the N48.2 billion outstanding subsidy…
NNPC, Oil Marketers join forces to end emerging fuel queues
The Nigerian National Petroleum Corporation, NNPC, has stepped up collaboration with the Major Oil Marketers Association of Nigeria, MOMAN and…
Pump price: DPR to go tough on erring marketers
The Department of Petroleum Resources (DPR) on Friday read the riot act to filling stations who sell petrol above official…
Diversion of petroleum products attracts N150 fine per litre in Kano
Marketers caught diverting petroleum products in Kano State will henceforth pay a fine of N150 per litre of the diverted…
Buhari releases N407b payment to oil importers
Nigeria’s government has agreed the immediate payment of 407 billion naira ($2.1 billion) owed to fuel importers under a subsidy…
FG approves payment of N413bn subsidy claim to oil marketers
The Federal Government on Wednesday approved the immediate payment of N413 billion to oil marketers as outstanding payment for subsidy…
Capital Oil adopts measures to curb illicit practices by marketers
The Managing Director, Capital Oil and Gas, Mr Ifeanyi Ubah, on Tuesday said the company had adopted measures to curb…
PPMC sacks oil marketers
As part of measures to sanitize the fuel distribution and supply system and eliminate the queues at filling stations across…
Oil marketers pledge to end queues nationwide, deploy trucks of fuel
Oil marketers on Friday said they have dispatched 700 trucks of Premium Motor Spirit (PMS), to Abuja as part of…
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Oil marketers call off strike, promise fuel in six hours
The major oil marketers association of Nigeria (MOMAN) has finally reached an agreement with the government to begin supplying country…
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Capital Oil ends oil marketers monopoly, set to dispatch 20,000 trucks
Capital Oil and Gas Ltd on Sunday commenced the loading of 13 million litres of petrol from its depot in…
Buhari meets petrol marketers over fuel scarcity
Nigeria’s president-elect, Muhammadu Buhari may have been holding discrete talks with petrol importers on how to resolve the lingering scarcity…
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Fuel Scarcity: Oil marketers fear Buhari will stop subsidy payments
* Queues for petrol worsen across the country * Importers hold back over subsidy fears * Buhari government faces backlog…
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FG pays oil marketers N156bn, but fuel scarcity persists
*Marketers get N500 billion cumulatively since December, wait for bank alerts before importing fuel Nigeria’s Federal Government on Thursday said…
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Fuel Scarcity: Jonathan Orders Marketers To Be Paid
Jamiu Yisa The fuel scarcity across the country may soon end as President Goodluck Jonathan has ordered that oil marketers…