Nigeria’s oil marketers, particularly members of the Independent Petroleum Marketers Association of Nigeria (IPMAN), are increasingly divesting from their filling stations due to the ongoing scarcity...
The Nigerian federal government has reported significant fiscal gains amounting to approximately N1.45 trillion between June and September due to the removal of the subsidy on...
Filling stations in Nigeria, particularly those run by independent marketers, are dispensing Premium Motor Spirit (PMS), commonly known as petrol, at prices exceeding the government’s approved...
NNPC Retail, a unit of the Nigerian National Petroleum Company Limited (NNPCL), has announced a robust fuel supply of at least 30 days to address growing...
Residents of Lagos and its environs are facing yet another bout of petrol scarcity with many oil marketers closing their outlets to motorists and buyers. This...
Petroleum product marketers in Nigeria are issuing a dire warning to the nation as retail outlets are being forced to shut down operations due to the...
Petrol marketers have voiced their discontent with the government’s monopoly on fuel imports and the resurgence of subsidies, calling for a swift change in policy. At...
Amidst growing concerns over the surging price of crude oil on the international market, Nigerian citizens are bracing themselves for a possible increase in pump prices....
Expectations soared when oil marketers championed the removal of fuel subsidies and deregulation of Nigeria’s downstream sector. However, months after the removal of subsidies and deregulation,...
Amidst President Bola Ahmed Tinubu’s repeated assurances of subsidy removal, it has come to light that the Federal Government disbursed N169.4 billion as subsidy payments in...