marketers

Depot and Petroleum Products Marketers Association (DAPPMA) on Sunday said the unpaid subsidy arrears of over N650 billion by the Federal Government posed huge financial challenges to the downstream operations.DAPPMA Executive…

The Major Oil Marketers Association of Nigeria (MOMAN) has denied owing the Federal Government N40 billion on petroleum products collected on credit.The association called for accounts reconciliation to ascertain the alleged…

The House of Representatives Ad-hoc Committee on Review of Pump Price of Petrol has called on private marketers of petrol to sell at the government-regulated price.The Chairman of the committee, Rep. Raphael Igbokwe, made the call…

A Federal High Court Lagos, on Monday fixed May 17 for continuation of trial of an oil marketer, Olaniran Ogundipe, and his company, Petroleum Broker Nigeria Ltd, over N1.3 billion oil subsidy fraud.The case, which was earlier slated…

Petroleum marketers in the wake of the current economic standing of the country especially as the nation's currency, naira slipped further down against the dollar and the unavailability of Foreign exchange have agitated an increase in price…

The idea for the fuel price hike that was recently embarked upon in the country was originally believed to be one that would bring about short-term hardships, but long-term sustainability.Unfortunately, the marketers of petroleum…

The Major Oil Marketers Association of Nigeria (MOMAN) on Tuesday assured Nigerians that pump price of Premium Motor Spirit (PMS), otherwise called petrol, will drop very soon.The Executive Secretary of the association, Mr Obafemi…