Oil Marketers Canvass For Total Deregulation Of Petroleum Downstream Sub-sector The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Depot and Petroleum Products Marketers Association (DAPPMA) have called for the total deregulation of the downstream sub-sector of the country’s oil and gas industry. The marketers under...

There was fear of a fresh round of fuel scarcity as many filling stations in parts of Lagos and Ogun states did not sell Premium Motor Spirit, popularly known as petrol, to motorists as they had run out of the product. Marketers have in recent...

The Petroleum Products Price Regulatory Agency, PPPRA, has denied reports speculating an imminent petrol scarcity over Federal Government’s inability to pay fuel marketers’ N660 billion debt‎. ‎ In a statement released in Abuja by the PPPRA spokesman, Mr Lanre Oladele, the agency said the report...

Oil marketers under the aegis of the Independent Petroleum Products Importers have said they owe some Nigerian banks over $1bn used for the importation of petroleum products, with accumulated interest of N160bn. They said the interest had accumulated because the government could not pay them...

The Nigerian National Petroleum Corporation, NNPC, has blamed oil marketers in the country for the excruciating scarcity of kerosene and Liquefied Petroleum Gas, LPG, also known as cooking gas and the high price of the commodities across the country. The price of cooking gas had shot...

...Seek dollars to stockpile petrol ahead of Christmas, decry multiple taxation  ...NNPC: Egina to add 200,000bpd to Nigeria’s oil output by 2018 Despite the preferential foreign exchange rate given to oil marketing firms by the international oil companies (IOCs), aimed at sustaining the importation of petrol...