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...

Oil Marketers Want Dollar At N306 To Import Petrol   Oil marketers under the aegis of the Major Oil Marketers Association of Nigeria have said access to the dollar at N306 will enable them to resume importation of Premium Motor Spirit (petrol). The marketers also said there...

DPR To Oil Marketers: Curb Accidents Or Lose Licences     The Department of Petroleum Resources has said fuel marketers and gas plant owners who fail to meet the minimum safety training requirements will lose their licences starting from September. The Director/Chief Executive Officer, DPR, Mr Sarki Auwalu,...

Oil Marketers Want PoS Charge Exemption On Petrol   Oil marketers under the aegis of the Major Marketers Association of Nigeria have said it will be unfair for petrol dealers to be asked to pay N50 for transactions done on Point-of-Sale machines. The Chief Executive Officer and...

Bridging: Oil Marketers Get N303bn In 5 Years   Oil marketers received N303.4bn as bridging claims for the distribution of petrol across the country under the Petroleum Equalisation Fund in five years. According to the PEF Management Board, the bridging scheme was introduced as a temporary measure...

In 5 Years, FG Paid N303.4bn Bridging Claims To Oil Marketers   The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that the federal government paid out a total of N303.4 billion to petrol marketers in five years – between 2012 and 2016, as financial claims...