Oil Marketers Lament Not Getting Forex At N305/$1 The Major Oil Marketers Association of Nigeria has said its members are not getting foreign exchange at N305 to a dollar for the importation of Premium Motor Spirit, also known as petrol. The Nigerian National Petroleum Corporation has...

PPPRA To Marketers: Don't Distort N145/Litre Fuel Price The Petroleum Products Pricing Regulatory Agency(PPPRA) on Tuesday cautioned oil marketers against distorting the approved pump price of Premium Motor Spirit, popularly known as petrol. According to the agency, which is in charge of fixing the price of...

Amid Oil Marketers' Threat, NNPC Says There's Sufficient Petrol The Nigerian National Petroleum Corporation on Monday said that Nigeria will not encounter a scarcity of Premium Motor Spirit, popularly known as petrol, this season regardless of the recent threat and ultimatum by oil marketers, stating...

Oil Marketers Want Petrol Prices Reviewed Regularly The Major Oil Marketers Association of Nigeria has said the pricing template for Premium Motor Spirit should be reviewed regularly to ensure that the price of the commodity reflects the reality on the ground. It was reported last week...

Oil Marketers Urge FG To Hasten Payment Of N650bn Debt Oil marketers have appealed to the Federal Government to hasten payment of over N650 billion subsidy arrears to save their assets from being taken over by banks. The marketers, under the aegis of Major Oil Marketers...

Forex Irregularities Scare Marketers Off Kerosene Importation Oil marketers in Nigeria are still reluctant to resume the importation of Dual Purpose Kerosene (DPK), after abandoning the venture for over two years on the grounds of unprofitability. The marketers complained that access to foreign exchange (forex) for...