Marketers Push For Petrol Price Hike Amid Deregulation   Oil marketers are clamouring that market indicators should determine the price movement of Premium Motor Spirit, commonly known as petrol, even if it means the price could potentially reach N700. This comes after a 165 per cent...

Deregulation: Monthly Fuel Consumption Declines By 18.5million Litres   The volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of 2023 is 11.26 billion litres, the Federal Government has said. It was, however, observed that after the removal...

FG Insincere With Deregulation, Say Oil Marketers         Oil marketers yesterday accused the Federal Government of paying lip service to the implementation of total deregulation of the downstream oil sector, especially as it affects domestic consumption of premium motor spirit (PMS) or petrol. The government had, a...

Consumers Paid N76.5bn Extra For Petrol After Deregulation       More than N76.5bn has been paid for the purchase of petrol by consumers since the downstream oil sector was deregulated in March this year. After the Federal Government deregulated the downstream sector of the oil industry on March...

Petroleum Marketing Firms: Lack Of Deregulation Takes Toll On Business   Petroleum marketing companies in the country have said the lack of deregulation in the downstream sector of the nation’s oil and gas sector is taking a toll on their business and hampering investment. They said that...

MOMAN Canvasses Full deregulation of Oil Sector to Boost Revenue Mr Obafemi Olawore, the Executive Secretary of Major Oil Marketers Association of Nigeria (MOMAN), has reiterated the need for federal government to consider total deregulation of downstream oil sector. Olawore in an interview with newsmen in...