Tag: oil marketers
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…