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Petrol: Major Oil Marketers Lose N10bn To Price Reduction — MOMAN

Petrol: Major Oil Marketers Lose N10bn To Price Reduction — MOMAN   Major Oil Marketers Association of Nigeria (MOMAN), yesterday, said that marketers lost over N10 billion to the recent reduction of the pump price of Premium Motoring Spirit (PMS) also called petrol, to N121 from...

Marketers Identify Challenges In FG’s Petrol Price Review

Marketers Identify Challenges In FG’s Petrol Price Review   Again promises given by the Federal Government to properly consult marketers of Premium Motor Spirit (PMS) otherwise called petrol before arriving at the monthly price review of the product, some marketers yesterday told The Guardian that the...

Petrol price: FG Setting Us Against Nigerians – Marketers

Petrol price: FG Setting Us Against Nigerians - Marketers   By reducing the ex-depot price of petrol without announcing a new price band for the commodity at filling stations, the Federal Government through its agencies is trying to set marketers against the buying public, oil dealers...

Petrol Price Reduction Won’t Be Immediate – Oil Marketers

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 Retains N125/litre Petrol Price Despite Crude Oil Crash

FG Retains N125/litre Petrol Price Despite Crude Oil Crash     The Federal Government has failed to review the N123.5 to N125/litre pump price of petrol for the month of May 2020 despite continued crash of crude oil price. The Petroleum Products Pricing Regulatory Agency had stated that...

Petrol Price: Marketers Seek Loans, DPR Enforces Compliance

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...