Import Licence Dispute Pits Dangote Refinery Against Marketers
Dangote Refinery and fuel marketers have resumed fresh hostilities over the new import licenses the Federal Government recently granted the former to ship petroleum products outside the shores of the country.
Economic Confidential also reports that the largest...
Marketers Confirm Plans to Lift 600m Liters of Dangote Petrol
Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery has set a target to release up to 600 million litres of petrol monthly as part of efforts to stabilise supply in the domestic market...
Marketers Fault Dangote’s 500,000-Litre Fuel Delivery Threshold
The Dangote Petroleum Refinery has introduced a minimum purchase requirement of 500,000 litres of petrol for oil marketers wishing to benefit from its free delivery scheme, sparking debates across Nigeria’s downstream petroleum sector.
The refinery confirmed the new condition...
NNPC, Marketers Reduce Petrol Prices After Dangote’s Price Cut
The Nigerian National Petroleum Company Limited (NNPC) and other marketers have reduced the pump prices of Premium Motor Spirit (petrol) following Dangote Petroleum Refinery’s cut in ex-depot prices.
From as high as N950 per litre on Tuesday,...
Marketers Caution FG on Hasty Fuel Import Ban
Marketers have argued that Nigeria cannot ban fuel importation now, saying the country’s refining capacity is still low.
The marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlet...
Fuel Import Bill Explodes to N6trn in Five Months
Despite improved domestic refining capacity in Nigeria, major oil marketers have continued to import refined petroleum products, as they imported 6.38 billion litres of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) in five months.
But...
