Tag: oil marketers

Edwin OkoloMarch 24, 2020

Should Nigerian oil marketers be punished for hoarding fuel in Corona times?

Last week, the federal government announced, in line with crashing oil prices, that it was lowering the financial peg for ...

Omoleye OmoruyiDecember 17, 2018

Fuel marketers confirm receipt of N236bn promissory notes

Petroleum products marketers Monday, have confirmed that they have started collecting the N236 billion promissory notes for their outstanding subsidy ...

Omoleye OmoruyiJanuary 1, 2018

Senate blames both NNPC and oil marketers for the fuel crisis

The Nigerian Senate Committee on Petroleum Downstream has blamed the Nigeria National Petroleum Corporation (NNPC) and marketers for the ongoing ...

AzeezDecember 31, 2017

Fuel scarcity caused by oil marketers | NNPC insists

The Nigerian National Petroleum Corporation (NNPC) has insisted that the fuel scarcity experienced in the country was caused by oil ...

AzeezDecember 28, 2017

We paid NNPC N90bn for fuel but received nothing – Oil marketers

The Depot and Petroleum Products Marketers Association on Thursday said its members paid over N90bn for petrol supply but had yet ...

Omoleye OmoruyiDecember 27, 2017

The Big 5: PDP’s vow, marketers assurance to Nigerians and, other top stories

These are the stories you should be monitoring today. Having got landslide victory in Ekiti, the People’s Democratic Party (PDP), ...

Omoleye OmoruyiSeptember 4, 2017

Marketers react to NNPC’s claims of reduction in price of fuel

The Nigerian National Petroleum Corporation (NNPC) had on Sunday stated that its sustained intervention in the efficient supply and distribution ...

Oludolapo AdelanaApril 13, 2017

CBN releases additional $250m for airlines, oil marketers, others

by Dolapo Adelana The Central Bank of Nigeria on Wednesday released additional $250m on seven to 30-day forwards for agriculture, ...

AzeezOctober 16, 2016

Oil importers, banks defrauded the govt – Buhari

President Muhammadu Buhari has said oil importers colluded with banks over the years to defraud the government. Buhari said this ...

Mazi EmekaMay 24, 2016

Opinion: What rubbish subsidy removal?

ny Stanley Ilechukwu I’ve been listening to all the arguments for and against the “subsidy removal”of the Buhari led government ...

Mazi EmekaMay 16, 2016

Get ready for another round of fuel scarcity

Nigerians should be set to witness another round of fuel scarcity as some sea vessels are stuck on the coast ...

Mazi EmekaMay 14, 2016

Opinion: The economics of this subsidy removal of a thing

In January 2012, hundreds, maybe even thousands of people thronged designated spots in the major cities of Nigeria to protest ...

Adebayo EmuleomoDecember 21, 2015

Fuel Scarcity: Nigerians are paying for Jonathan’s sins – Lai Mohammed

The Minister of Information and Culture, Lai Mohammed has said that the immediate past government of Goodluck Jonathan, oil marketers ...

Kolapo OlapojuJune 6, 2015

Guru Maharajji has a request to make of Buhari

  The founder of One Love Family sect, Satguru Maharajji, wants President Muhammadu Buhari to chase away the bad eggs in ...

Janeth JMay 26, 2015

FG pays $800million to marketers to end crisis

by Ranti Joseph Apparently, oil marketers didn’t just agree to call off the strike, the Federal government had to step ...

Kolapo OlapojuMay 25, 2015

BREAKING: Oil marketers reach agreement with Federal Government to end fuel scarcity

by Kolapo Olapoju According to a report by The Cable, an agreement to begin lifting petroleum products has been reached ...

July 9, 2014

Opinion: Dear NNPC, please bring back our refineries

by Solomon Ben Olonade     The big question is simple: Should Nigerian refineries translate now from public to private ownership? ...

December 11, 2013

CBN, NNPC clash over alleged diversion of $49.8bn

by Akintomiwa Agbaje The failure of the Nigerian National Petroleum Corporation (NNPC) to remit $49.8bn (about N8tn) oil proceeds to ...

March 4, 2013

Fuel scarcity threats as FG owes independent oil marketers N100 billion

by Chi Ibe There are fears that another nationwide fuel scarcity is around the corner following reports that the Federal ...

January 15, 2013

No more: Banks suspend loans to oil marketers

Ebere Agina Despite the accelerated payment of outstanding subsidy claims to oil marketing and trading companies, to enable them offset ...

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