By Seun Ibiyemi Petroleum marketers have issued a seven-day ultimatum to the Federal Government over the N100 billion debt owed to them, warning that a supply disruption is imminent if the issue is not resolved. The marketers, under the aegis…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that the price of Premium Motor Spirit (PMS) is likely to drop following an agreement with Dangote Refinery to lift products directly from the facility. Abubakar Garima, the president of…
By Seun Ibiyemi The Independent Petroleum Marketers Association of Nigeria (IPMAN) has finalised an agreement with Dangote Refinery to directly source petroleum products, including petrol, diesel, and kerosene. This development, announced on Monday by IPMAN’s National President, Abubakar Garima, marks…
A former presidential spokesman, Dr Doyin Okupe, has urged the Nigerian National Petroleum Company Limited (NNPCL) and oil marketers not to make President Bola Tinubu look bad before Nigerians. Okupe, in a statement over the weekend titled: ‘Dangote Refinery, NNPCL,…
…Review price of PMS By Seun Ibiyemi Petroleum Marketers Association of Nigeria (IPMAN) has charged Alhaji Aliko Dangote to review the price of his Premium Motor Spirit (PMS) popularly called petrol as it could be the reason marketers are avoiding…
…Directs NMDPRA to develop domestic pricing framework Following the incessant price in the cost of Liquefied Petroleum Gas (LPG), popularly known as cooking gas in the country, the Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has ordered…
The hike in the price of Premium Motor Spirit (PMS) commonly called petrol in Lagos appears not to have taken a halt as marketers have again adjusted the pump price of petrol to N1,090 and N1,070. This development aligns with…
…Indict NNPC Ltd of inflating fuel price By Seun Ibiyemi The ongoing fuel scarcity in Nigeria has taken a dire turn, with the Independent Petroleum Marketers Association of Nigeria (IPMAN) revealing that the Nigerian National Petroleum Company Ltd. (NNPCL) owes…
…As NMDPRA insists imported diesel meets regulatory standards By Esther Agbo and Afolabi Ifeoluwakitan Following the claim by Dangote Industries Limited (DIL), that Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) is granting licences to import banned diesel, aviation fuel,…
The Major Energies Marketers Association of Nigeria has stated that ethanol could be adopted as a biofuel to help Nigeria in reducing energy poverty and emissions. According to MEMAN during a recent quarterly press webinar and engagement, about $7.4 billion…
