Marketers Call for Suspension of VAT on Diesel Oil marketers have called on the Federal Government to suspend the Value Added Tax on diesel, as it would further increase the burden on Nigerians. The Chairman of the Major Oil Marketers Association of Nigeria, and Chief Executive...

Subsidy Removal: Oil Marketers Urges FG  to Provide FX at Official Rate Stakeholders in the downstream sector have called on the Federal Government to provide foreign exchange at the Central Bank of Nigeria’s rate to enable petroleum importation. The appeal was made during a virtual online...

Kerosene Now Over N800 Per Litre   The price of kerosene used by several families have jumped to N800 per litre just as the market is beginning to adjust to the newly increased petrol and gas prices. Market survey by our team on Tuesday showed that one...

Conditions to End Fuel Scarcity - Oil Marketers Fuel marketers under the auspices of the Major Oil Marketers Association of Nigeria, MOMAN have listed five challenges that must be addressed by the federal government if it’s determined to end fuel scarcity in Nigeria. According to the...

High Crude Prices Increase Aviation Fuel By 121.4% To N620/Litre   The price of aviation fuel has increased by 121.4 per cent to N620 per litre in June 2022, from N280 per litre in the corresponding period of 2021, due mainly to the rising price of...

Oil Marketers Seek FG’s Clarification On Subsidy Removal Suspension   The Major Oil Marketers Association of Nigeria has said it is seeking clarification from the Federal Government on how the suspension of petrol subsidy removal will affect market operations. The Federal Government had last week suspended its...