Petrol Price Reduction Won’t Be Immediate - Oil Marketers   The latest reduction in the ex-depot price of petrol to N108 per litre will not translate to an immediate drop in the pump price of the commodity at filling stations, oil marketers stated on Thursday. On Wednesday,...

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...

Petrol Subsidy: Oil Marketers Seek Flat Rate For Dollar   Oil marketers on Tuesday advised the Federal Government not to give special advantage to any person or group of persons in the sale of the United States dollars if it wants the removal of subsidy on...

Petrol Price: Marketers Seek Loans, DPR Enforces Compliance   Oil marketers on Thursday called for soft loans from the Federal Government following the abrupt impact of the recent reduction in the pump price of petrol on their businesses. The Independent Petroleum Marketers Association of Nigeria had directed...

Petrol Imports: Marketers Worry Over Dollar Shortage   While the landing cost of petrol has tumbled on the back of the sharp drop in crude oil prices, major fuel marketers are not keen to resume the importation of the product as access to dollar is seen...

We Are Losing Over N10bn - Oil Marketers   The Petroleum Product Retail Outlet Owners Association of Nigeria has said its members across the country are losing over N10bn following the slash of fuel pump price of Premium Motor Spirit known as petrol by the Federal...