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Oil marketers

Fuel Scarcity: NNPC Blames Panic Buying, Marketers Disagree

Commuters Stranded As Fuel Scarcity Hits Abuja, Anambra, 4 Other States

Many Nigerian states are in a state of chaos due to a widespread fuel scarcity, leaving commuters stuck, transportation costs increasing, and drivers having to wait in long lines at the few stations that still supply the essential resource. Transportation networks in

April 25, 2024

Business·News·Oil & Gas

Blame Game Intensifies As Fuel Scarcity Grips Abuja, Neighboring States

Oil marketers and the Nigerian National Petroleum Corporation Limited (NNPCL) engaged in a tug-of-war over the ongoing fuel scarcity that has led to long queues at petrol stations in Abuja and neighboring states. According to Chief Ukadike Chinedu, the National Public Relations

November 17, 2023

Business·Oil & Gas

Oil Marketers Suspend Fuel Importation

The Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), Clement Isong, has disclosed that oil marketers have suspended their interest in the importation of Premium Motor Spirit (PMS). Isong said the scarcity of foreign exchange in the Investors’ and Exporters’ window

August 14, 2023

Business·Oil & Gas

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

The price of Premium Motor Spirit, also known as petrol, is projected to rise from N580 to N750 per litre weeks from now, according to oil marketers. In a statement by the National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria

August 14, 2023

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·Oil & Gas

Oil Marketers To Sanction Petrol Stations Selling At N220 Per Litre

The President of the Petroleum Retail Outlet Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, has revealed that the group will sanction retailers for fixing exorbitant prices to their Premium Motor Spirit (PMS), also known as petrol. Gillis-Harry said a task force has

March 2, 2023

Business·Oil & Gas

Fuel Distribution Suspended In Nigeria Over Election Fears

The Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja-Suleja region, Mohammed Shuaibu, has said the general election is affecting fuel distribution. Shuaibu said oil marketers are not moving Premium Motor Spirit (PMS), also known as fuel, as they use to pre-election,

March 1, 2023

Business·Oil & Gas

Oil Marketers Defy FG’s Fuel Price Tag, As NNPC Needs N4.27trn To Keep Price Low

Some members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) are still selling fuel above the government-agreed price. Prime Business Africa on Wednesday gathered that filling stations of independent oil marketers were selling fuel at a range between N300 and N330

February 9, 2023

Business

Oil Marketers Shelve Shutdown Over Gov’t’s N195 Per Litre Fuel Price

Independent Petroleum Marketers Association of Nigeria (IPMAN) branch in Borno State has shelved the planned shutdown of operation in protest of the N195 per litre fuel price. The Nigerian National Petroleum Company (NNPC) Limited and the Major Oil Marketers Association of Nigeria

February 8, 2023

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

Business·Oil & Gas

Petrol May Hit N800 Per Litre – Oil Marketers Give Reasons

The Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja-Suleja, Mohammed Shuaibu, has disclosed that the cost of Premium Motor Spirit (PMS) could rise to N800/litre even as petrol scarcity persists. According to Shuaibu, the removal of the fuel subsidy will cause

January 23, 2023

Business·Oil & Gas

Oil Marketers Reveal Exchange Rate, Three Other Factors Causing Fuel Scarcity

The National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Ukadike Chinedu, has blamed the exchange rate as one of the factors causing the scarcity of Premium Motor Spirit (PMS). It was learnt that the high exchange rate

January 12, 2023

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Oil marketers

Commuters Stranded As Fuel Scarcity Hits Abuja, Anambra, 4 Other States

Blame Game Intensifies As Fuel Scarcity Grips Abuja, Neighboring States

Oil Marketers Suspend Fuel Importation

Fuel Stations To Increase Petrol Price To Over N700, Oil Marketers Give Reasons

Oil Marketers To Sanction Petrol Stations Selling At N220 Per Litre

Fuel Distribution Suspended In Nigeria Over Election Fears

Oil Marketers Defy FG’s Fuel Price Tag, As NNPC Needs N4.27trn To Keep Price Low

Oil Marketers Shelve Shutdown Over Gov’t’s N195 Per Litre Fuel Price

Petrol May Hit N800 Per Litre – Oil Marketers Give Reasons

Oil Marketers Reveal Exchange Rate, Three Other Factors Causing Fuel Scarcity

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