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30% Petrol Smuggled Out Of Nigeria – Report

30% Petrol Smuggled Out Of Nigeria – Report       The absence of subsidies in neigbouring countries has created the incentive to smuggle about 30 per cent of petrol meant for Nigeria to the neighbouring nations. According to a publication by the Major Oil Marketers Association of Nigeria...

Petrol: Major Oil Marketers Lose N10bn To Price Reduction — MOMAN

Petrol: Major Oil Marketers Lose N10bn To Price Reduction — MOMAN   Major Oil Marketers Association of Nigeria (MOMAN), yesterday, said that marketers lost over N10 billion to the recent reduction of the pump price of Premium Motoring Spirit (PMS) also called petrol, to N121 from...

FG, Oil Marketers Bicker Over Petrol Pricing Regime

FG, Oil Marketers Bicker Over Petrol Pricing Regime   Efforts by the Federal Government to tinker with the petrol pricing regime by option for pricing modulation may trigger a new crisis in the downstream sector as major oil marketers believe full price liberalization of the subsector...

Oil Marketers Want Dollar At N306 To Import Petrol

Oil Marketers Want Dollar At N306 To Import Petrol   Oil marketers under the aegis of the Major Oil Marketers Association of Nigeria have said access to the dollar at N306 will enable them to resume importation of Premium Motor Spirit (petrol). The marketers also said there...

MOMAN Seeks Deregulation, Denies NNPC’s N305/$1 Claim On Fuel Importation

MOMAN Seeks Deregulation, Denies NNPC’s N305/$1 Claim On Fuel Importation The Major Oil Marketers Association of Nigeria (MOMAN) has said total deregulation of the downstream sub-sector remains the best option, as no marketer is getting foreign exchange at N305 to a dollar for importation of...

DAPPMAN, Others Decry Multiple Taxation, Beg Govt

DAPPMAN, Others Decry Multiple Taxation, Beg Govt Members of the Depot and Petroleum Products Marketers Association of Nigeria, Major Oil Marketers Association of Nigeria and the Independent Petroleum Marketers Association of Nigeria on Thursday declared that the government and its agencies should not kill oil...