PPPRA Warns Petrol Marketers Against Profiteering
The Petroleum Products Pricing Regulatory Agency (PPPRA) has warned marketers of Premium Motor Spirit (PMS) and other petrol products against profiteering during the new year celebration and beyond.
The Executive Secretary of the Agency, Abdulkadir Saidu, who issued the warning...
Petrol Marketers To Gain N8.3bn On Depot Price Reduction
Retail marketers of petrol are currently raking in billions of naira as findings on Wednesday showed that they would make over N8.3bn profit in May (this month) due to the recent reduction in the ex-depot price...
PPPRA To Check Price War Amongst Petrol Marketers
The Petroleum Products Pricing Regulatory Agency (PPPRA) has disclosed its resolve to move against potential sharp practices amongst petrol marketers who may want to remain competitive at all cost, to the detriment of unsuspecting consumers.
It stated in...
Petrol Marketers Develop Incentives To Boost Sales As NNPC Floods Depots
As the Nigerian National Petroleum Corporation (NNPC) floods the depots with petrol, the oil marketing companies have developed series of incentives to lure customers and boost sales, THISDAY has learnt.
Investigation revealed that while some...