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Oil marketers anticipate Port Harcourt Refinery restart amid projections of lower petrol prices

Oil marketers in Nigeria are on the brink of resuming operations at the Port Harcourt Refining Company (PHRC), with workers striving to prepare the...

Dangote refinery slashes diesel price amidst industry calls

In a response to mounting pressure from oil marketers, the Dangote Petroleum Refinery has announced a reduction in the price of Automotive Gas Oil...

Oil marketers anticipate marginal petrol price drop as PH refinery resumes operations

The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Major Energy Marketers Association of Nigeria (MEMAN) have forecasted a slight decline in the...

Traffic chaos and fuel queues grip Lagos, Abuja amid fears of petrol scarcity

Monday saw heavy traffic gridlock engulf parts of Lagos, with motorists forming extensive queues outside filling stations amid concerns over a potential scarcity of...

IPMAN urges swift action on Port Harcourt refinery to salvage crumbling business landscape

In a poignant revelation during the 2023 Annual General Meeting/Election at the Port Harcourt Depot Unit, the Independent Petroleum Marketers Association of Nigeria (IPMAN)...

Fuel price debate: Marketers insist subsidy is back

Oil marketers in Nigeria are pushing back against the Federal Government's position on the current pump price of Premium Motor Spirit (PMS), commonly known...

Marketers to build 30,000 gas stations from foreign capital

Oil marketers confirmed on Sunday that they have received the nod of domestic and international financiers to develop about 30,000 gas stations nationwide. It was...

Marketers urge FG to gradually relax removal of subsidies on PMS

Oil marketers advised President Bola Tinubu on Tuesday to gradually relax the removal of subsidies on Premium Motor Spirit, popularly called petrol, following the...

Petroll price may drop as large imports by NNPCL, marketers arrive next week

Large consignments of Premium Motor Spirit, popularly called petrol, being imported by NNPCL and major oil marketers, are to hit Nigeria from next week...

FG saves N400bn in four weeks from subsidy removal

The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol,...

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