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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...

Marketers Identify Challenges In FG’s Petrol Price Review

Marketers Identify Challenges In FG’s Petrol Price Review   Again promises given by the Federal Government to properly consult marketers of Premium Motor Spirit (PMS) otherwise called petrol before arriving at the monthly price review of the product, some marketers yesterday told The Guardian that the...

Marketers Pledge To Comply As FG Announces New Fuel Price

Marketers Pledge To Comply As FG Announces New Fuel Price   As the federal government on Monday announced a new pump price band for Premium Motor Spirit (petrol) from N125.50/N123.50 per litre to N121.50/N123.50, petroleum products marketers in the country have promised to comply with the...

N10trn Spent On Fuel Subsidy In Last 15 Years – Marketers

N10trn Spent On Fuel Subsidy In Last 15 Years – Marketers   The Federal Government has spent about N10n subsidising petroleum products in the last 15 years, the Major Oil Marketers Association of Nigeria has said. MOMAN and other stakeholders, including the Depot and Petroleum Products Marketers...

NNPC Reduced Depot Price To Remain Competitive – Operators

NNPC Reduced Depot Price To Remain Competitive - Operators   The recent reduction in the ex-depot price of petrol by the Nigerian National Petroleum Corporation was to keep the oil firm competitive following the commencement of petrol imports by private marketers, industry operators said on Wednesday. It...

PPPRA Clears Oil Marketers To Import Petrol

PPPRA Clears Oil Marketers To Import Petrol   Private oil marketers have now joined the Nigerian National Petroleum Corporation in the importation of petrol. It was gathered from the Petroleum Products Pricing Regulatory Agency on Tuesday in Abuja that permits had been given to several marketers to...