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Petrol Subsidy May Rise As Fuel Marketers Demand Higher Margins

Petrol Subsidy May Rise As Fuel Marketers Demand Higher Margins   The Federal Government may have to spend more on petrol subsidy as oil marketers in the country have called on the Petroleum Products Pricing Regulatory Agency to increase margins on the product now to prevent...

DPR Cautions Fuel Marketers Against Illegal Gas Operations

DPR Cautions Fuel Marketers Against Illegal Gas Operations The Department of Petroleum Resources has said it will impose sanctions on fuel marketers operating illegal gas facilities in the country. The acting Director, DPR, Mr Ahmad Shakur, gave the warning on Monday at a press briefing in...

Supplementary Budget: Reps Demand N800bn For Fuel Marketers

Supplementary Budget: Reps Demand N800bn For Fuel Marketers The House of Representatives is unhappy over the lingering scarcity of petrol in the country and has asked the Executive to submit a N800bn supplementary budget to the National Assembly to offset the debts allegedly owed fuel...

FG Orders Immediate Payment of N150bn to Fuel Marketers

The Federal Government has ordered immediate payment of the N150 billion bridging cost for fuel products’ delivery across the nation owed marketers. The order was given at the Aso Rock Presidential Villa in Abuja after a two-hour closed-door meeting President Muhammadu Buhari’s Chief of Staff...