Downstream

The Adamawa/Taraba Area Command of the Nigeria Customs Service has seized items including 15,449 litres of Premium Motor Spirit with a cumulative Duty Paid Value of N13m. This was disclosed in a statement posted on the official X…
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Residents of South East, South-South and North Central zones may escalate as fuel scarcity looms in the following threat by the Eastern zone of the Independent Petroleum Marketers Association of Nigeria, IPMAN to withdraw their…
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*Fuel dispenser nozzle. One, out of the four PMS cargoes allotted for Rivers State and environs by NNPC Ltd has arrived Port Harcourt, the Independent Petroleum Marketers Association of Nigeria has confirmed. Recall that due to the…
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Petrol marketers and the Nigerian National Petroleum Company Limited have given divergent reasons for the long queues at petrol filling stations in Abuja, Nasarawa and Niger States. The marketers attributed the long queues to an…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Federal Government to dedicate at least a depot solely to independent marketers, adding that such will ensure easy distribution of fuel in the country. …
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The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, says it has issued a total of 94 importation licenses to oil marketers. The Chief Executive, of NWDPRA, Farouk Ahmed who revealed…
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In September, there was a 4.27% increase in the price of Automotive Gas Oil (Diesel) with prices going from N854.32 in August to an average of N890.80.  When compared with the corresponding month of last year, diesel prices…
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Petroleum product marketers have disagreed with the NNPC over the availability of petrol in Nigeria The Independent Petroleum Marketers Association of Nigeria (IPMAN) said that some depots have been dry for the past five days …
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The Nigerian National Petroleum Company (NNPC) Limited yesterday advised motorists to avoid panic buying of Premium Motor Spirit (PMS), petrol, assuring that it has stock that can cater to all for at least 30 days. The appeal came…
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The crisis rocking the downstream sector of the petroleum industry went from bad to worse in Abuja, yesterday, as scarcity of Premium Motor Spirit (PMS) hit the Federal Capital Territory (FCT). Coming barely 24 hours after the…
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