Dangote Refinery: Marketers Differ On NNPC Proposed Stake Acquisition       Oil marketers have expressed divergent views on the proposed acquisition of a 20 per cent stake by the Nigerian National Petroleum Corporation in Dangote refinery. S&P Global Platts had reported on Thursday that the NNPC was in...

Oil Marketers Refuse To Obey N5 Reduction In Petrol Price         Oil marketers, on Monday, failed to adjust the pump prices of Premium Motor Spirit (petrol) at their filling stations to reflect the N5 reduction announced by the Federal Government last week. After meeting with officials of...

Forex Scarcity Bars Marketers From Petrol Imports       Despite the deregulation of the downstream oil sector by the Federal Government, private marketers are still tied to the Nigerian National Petroleum Corporation’s apron strings as they continue to steer clear of petrol importation, ’FEMI ASU reports The expected...

80% Of Petrol Tankers Lack Safety Features – MOMAN         The Major Oil Marketers Association of Nigeria said on Thursday that about 80 per cent of the 10,000 petroleum tankers used for transporting products nationwide lacked critical safety features needed for the safe transportation of such...

Petrol Price Should Be About N155/litre – Marketers     The pump price of petrol should be closer to N155 per litre, the Chairman of the Major Oil Marketers Association of Nigeria, Mr Adetunji Oyebanji, has said. Oyebanji, who is the managing director/chief executive officer of 11Plc (formerly...

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...