Dangote’s Plan for Direct Fuel Supply Sparks Concerns of Market Disruption
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has warned that the Dangote Petroleum Refinery’s plan to bypass existing distribution channels and supply refined petroleum products directly to end-users would lead to...
Tank Fire Won’t Disrupt Fuel Supply - MOMAN
The Major Oil Marketers Association of Nigeria has said the recent fire outbreak at the depot of one of its members, OVH Marketing Limited, will not cause product supply disruptions.
MOMAN said in a statement on Sunday that...
Customs Stops Fuel Supply To Filling Stations Around Nigerian Borders
The Nigeria Customs Service (NCS) has suspended the supply of petroleum products to filling stations within 20 kilometres of all the nation’s borders. The NCS made this known in a circular signed by its Deputy...
...Says report may trigger panic buying
The Petroleum Equalisation Fund (Management) Board has said that a recent media report (not Economic Confidential) titled "Unpaid bridging claims threaten fuel supply" is not only true but capable of triggering panic buying of petroleum products, apart from creating...
