IPMAN Cries Out as Price of Petrol Truck Increases Petrol truck cost has risen from N7 million in May to N25 million right now. This is according to Akin Akinrinade, the Chairman of the Independent Petroleum Marketers Association of Nigeria in the Satellite Depot branch. Punch...

Fuel Hike: ‘Nigerians are Being Deceived, Punished Unnecessarily" — NLC The president of the Nigeria Labour Congress (NLC), Joe Ajaero says Nigerians are being deceived on the issue of petrol pricing. Speaking on Politics Today, a Channels TV programme, Ajaero said the masses are being punished...

UPDATE: Marketers Explain N617 PMS Price, Say it won't Reach N700 The pump price of Premium Motor Spirit (PMS), popularly called petrol, was raised from N537/litre to N617/litre at some filling stations operated by the Nigerian National Petroleum Company Limited in Abuja on Tuesday. Independent oil...

NNPCL, Marketers Fuel Vessels Arrive Next Week – IPMAN   Large consignments of Premium Motor Spirit, popularly called petrol, being imported by major oil marketers, are to hit Nigeria from next week and may force down the price of the commodity, both major and independent dealers...

Oil Marketers Demand Release Of N30.96trn Fuel From NNPCL   As the Nigerian National Petroleum Company Limited (NNPCL) hands-off the monopoly of petrol importation, petroleum marketers have demanded immediate release of their outstanding supplies of Premium Motor Spirit otherwise known as petrol worth N30.96 trillion by...

Marketers Convert 800 Petrol Tankers to Gas Supply   Oil marketers are currently converting some of their trucks to start supplying gas to filling stations in order to dispense Compressed Natural Gas to vehicles that run on gas. It was gathered on Thursday that about 800 tankers...