Independent petrol marketers have pushed back against the Federal Government’s demand for a cut in pump prices. The marketers have threatened to shut down filling stations nationwide if the government imposes price controls despite the…
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Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri, has directed petroleum marketers to immediately reflect the recent decline in global oil prices by reducing the pump prices of Premium Motor Spirit (PMS) and other…
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The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has claimed that the recurring shutdowns of Nigeria’s state-owned refineries are driven more by political motives than…
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The Dangote Refinery says it has not received any payment from the Independent Petroleum Marketers Association of Nigeria (IPMAN) for refined petroleum products. In a statement on Thursday, Anthony Chiejina, the company’s group chief…
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The Sultan of Sokoto, Alhaji Sa’ad Abubakar, has asked the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to thoroughly and effectively investigate the activities of alleged essential commodities hoarders. …
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Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said oil marketers have commenced the importation of petrol into Nigeria. The chief executive officer of NMDPRA, Farouk Ahmed, disclosed this at a crucial…
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Northern Independent Petroleum Marketers have cried out to the federal government over the non-payment of N50 billion bridging claim allegedly being owed them by the defunct Petroleum Equalisation Fund (PEF). The marketers, through their…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says there is no reason for any marketer to sell Premium Motor Spirit (PMS) above the approved price of N145 per litre. Baru made this…
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