Tag: Marketers
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High expectations as Marketers set to load petrol from Warri Refinery
Oil marketers have started loading Automotive Gas Oil (diesel), and Kerosene from the Warri Refining and Petrochemical Company. Dealers confirmed this during the weekend, as they demanded Premium Motor Spirit (petrol) from the recently rehabilitated plant. WRPC, under the management of the Nigerian National Petroleum Company Limited, came on stream on December 30, 2024, after…
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Fuel ‘wahala’: Marketers queued for days at Dangote refinery unable to load — IPMAN cries out
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said its members couldn’t load petrol from the Dangote Refinery in Lagos despite having paid ₦40bn to the Nigerian National Petroleum Company Limited (NNPCL). IPMAN President Abubakar Garima stated this on Wednesday in a national tv program. Garima expressed surprise that the owner of the $20bn…
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Marketers fault Dangote Refinery for opposing petrol imports
Petroleum Oil marketers have faulted Dangote Refinery over its stance against the importation of Premium Motor Spirit (Petrol).
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Marketers reportedly resume petrol importation as Dangote Refinery fails to meet demands
Petroleum marketers have reportedly resumed importing petrol to supplement the country’s fuel supply, following the inability of the Dangote Refinery to meet demand. Four vessels carrying 123.4 million litres of Premium Motor Spirit (PMS) arrived at Nigerian seaports between Friday, October 18, and Sunday, October 20. Akelicious reported earlier that the failure of the 650,000…
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Fuel scarcity: NMDPRA warns marketers against hoarding
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Osun has warned petroleum marketers in the state against hoarding of the products. The agency also warned residents of the state against panic buying, hoarding and storing of petroleum products at home.
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Why 12.5kg cooking gas may hit N18,000 in December – Marketers
Gas retailers have warned that the price of 12.5kg cooking gas may hit N18,000 by December if the Federal Government does not restrict the activities of the terminal owners. The President, Nigerian Association of Liquefied Petroleum Gas Marketers, Olatunbosun Oladapo, told The PUNCH on Sunday, that the price of Liquefied Petroleum Gas also known as…
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Fuel scarcity: It’s unfair for taking undue advantage of Nigerians – Sanwo-Olu faults marketers
Following the long queues at some fuel stations on Monday, the Governor of Lagos State Babajide Sanwo-Olu on has faulted fuel marketers for taking undue advantage of Nigerians increasing fuel prices.
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Independent petroleum producers, others set agenda for Tinubu incoming govt
The Independent Petroleum Producers Group (IPPG) has called on the incoming administration of Sen. Bola Tinubu to address the bottlenecks mitigating against industry growth and energy security. The IPPG Chairman, Mr. Abdulrazaq Isa, made the call on Monday in Abuja at the sixth edition
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NMDPRA cautions marketers against increasing pump price of petrol
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has cautioned petroleum marketers against increasing price of the product beyond the approved figure.
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Marketers warn of looming fuel scarcity, say hoodlums destroy 10 petroleum tankers
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has hinted of a looming petroleum scarcity in the country following attacks on fuel tankers and disruption of depots’s operations across the country by #EndSARS protesters. Chairman of IPMAN in Rivers State, Dr. Joseph Obele, who spoke in a live radio programme in Port Harcourt on Friday…