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MOMAN Calls For Shift In Alternative Energies As Petrol Landing Cost Soars
By Patience Chat Moses
The Major Oil Marketers Association of Nigeria (MOMAN) has called for adoption of alternative energy sources, and cautioned against return of subsidy in any guise even as the landing cost of petrol!-->!-->!-->!-->!-->…
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Petrol Landing Cost Hits N720/litre, Depots Abandoned
By Adaobi Rhema Oguejiofor
Oil marketers under the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) have said that many petroleum product depots are currently being abandoned due to the lack of products caused by!-->!-->!-->!-->!-->…
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FG Removes VAT on Diesel for Six Months
By Patience Chat Moses
The Federal Government has announced the removal of value-added tax (VAT) on diesel for the next six months as part of measures to cushion the effects of the removal of the petrol subsidy on Nigerians.
The!-->!-->!-->!-->!-->!-->!-->…
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Downstream Facilities Safety: MOMAN To Collaborate With Fire Service, Others
By Adaobi Rhema Oguejiofor
The Major Oil Marketers Association of Nigeria (MOMAN) has reiterated its plans to collaborate with relevant stakeholders including the Federal Fire Service and others in order to ensure the safety of all!-->!-->!-->!-->!-->…
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‘Where is the money saved?’ — TUC asks FG to account for subsidy removal gains
Festus Osifo, the president of the Trade Union Congress (TUC), says the federal government has questions to answer as regards the gains of subsidy removal.
President Bola Tinubu had announced the removal of petrol subsidy at his!-->!-->!-->!-->!-->…
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Infrastructure Bank to Provide N13bn to Lessen Subsidy Removal Effects
By Adaobi Rhema Oguejiofor
The Infrastructure Bank has revealed that it will be providing about N13 billion in order to help reduce the effects of the removal of fuel subsidy.
This was disclosed by the Acting Managing Director of!-->!-->!-->!-->!-->!-->!-->…
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Oil Marketers Raise Alarm as Diesel Hits N1,100 Per Litre
By Adaobi Rhema Oguejiofor
Oil marketers under the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) have called for urgent intervention by the Federal Government to control the fast increase in the pump price of diesel!-->!-->!-->!-->!-->…
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Petrol Consumption Falls by 30% as Production Mounts Up – Kyari
By Adaobi Rhema Oguejiofor
The Group Managing Director (GMD) of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, has revealed that the nation’s fuel consumption has dropped by about 30 percent, following!-->!-->!-->!-->!-->…
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Subsidy Removal Will End Fuel Sarcity – Petrocam
By Adaobi Rhema Oguejiofor
The Chief Executive Officer (CEO) of Petrocam Trading Nigeria Limited, Patrick Ilo, has said that the removal of petrol subsidy would bring about a permanent solution to the challenges of fuel!-->!-->!-->!-->!-->…
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Subsidy: Tinubu Urges Nigerians To Prepare, Projects CNG At N250/Litre
Currently, Nigerians are paying between N580 to N640 per litre for Premium Motor Spirits (PMS), popularly known as PMD
The FG is encouraging Nigerians to convert their petrol-powered vehicles to gas-powered
FG wants Nigerians to!-->!-->!-->!-->!-->!-->!-->…
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