NNPC, MOMAN Strengthen Partnership On Petrol Supply The Nigerian National Petroleum Corporation (NNPC) disclosed yesterday that has strengthened its partnership with oil marketers under the umbrella of Major Marketers Association of Nigeria (MOMAN) to ensure seamless supply of petroleum products across the country. It explained in...

FG Owes Oil Marketers Over $2b Subsidy The Federal Government is owing oil marketers over $2 billion in subsidy claims, Major Oil Marketers Association of Nigeria (MOMAN)  has said. It’s out-going Executive Secretary, Obafemi Olawore, lamented that the development has forced many marketers to shut operations...

MOMAN Canvasses Full deregulation of Oil Sector to Boost Revenue Mr Obafemi Olawore, the Executive Secretary of Major Oil Marketers Association of Nigeria (MOMAN), has reiterated the need for federal government to consider total deregulation of downstream oil sector. Olawore in an interview with newsmen in...

...South-west IPMAN threatens to stop lifting products Despite the pledge by oil marketers to support the federal government’s efforts in ensuring sustained and stable supply of petrol at the official pump price of N145 per litre, there are indications of imminent scarcity as some depot...

The scarcity of aviation fuel in Nigeria may be far from being over as oil marketers have said they do not have enough foreign exchange to import the product. The Executive Secretary, Major Oil Marketers Association of Nigeria, Mr. Obafemi Olawore, in an exclusive interview...

...Seek dollars to stockpile petrol ahead of Christmas, decry multiple taxation  ...NNPC: Egina to add 200,000bpd to Nigeria’s oil output by 2018 Despite the preferential foreign exchange rate given to oil marketing firms by the international oil companies (IOCs), aimed at sustaining the importation of petrol...