Downstream

…Why cost of the subsidy is rising, by experts …Nigeria must refine her crude locally to stop the subsidy …We‘re against subsidy — MOMAN …Deregulation, PIA on hold …How subsidy cost rose sharply, by MOMAN scribe …
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The Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN) , Mr. Clement Isong, has lamented low distribution inspite of its huge investment in the oil and gas industry. He spoke at a virtual media workshop…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday blamed private depot owners for the hike in the pump price of Premium Motor Spirit (PMS) in some parts of Nigeria. IPMAN’s National President, Mr Chinedu…
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In a bid to adjust to the lingering diesel situation, Nigerian radio stations are now cutting down on operation hours. The unending diesel scarcity in Nigeria has forced many radio stations in the country to cut down their…
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The House of Representatives yesterday rejected the report of its Committee on Petroleum Resources (Downstream) which investigated the importation and distribution of adulterated Premium Motor Spirit (PMS, or petrol) into the country. …
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Nigeria’s two most populous states Lagos and Kano have received the highest allocation of fuel between March 7 and March 20, according to the Nigerian National Petroleum Company Ltd. The NNPC revealed this in a report titled ‘PMS…
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The fuel crisis being experienced since February this year left Nigerians in agony with many still groaning under the strain of the lack of premium motor spirit with no possible end in sight. A visit round some fueling stations…
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The federal government has warned depot owners to desist from selling Premium Motor Spirit (PMS) above the ex-depot price approved by the government or face severe sanctions. Minister of state for Petroleum Resources, Chief Timipre…
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Hope for lower price as PHR depot gets supply Power generation remains low, no payment for unused capacity — NERC As the Federal Government continues efforts to resolve the energy crisis facing the country, independent marketers…
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In the last one month, Nigerians have been experiencing fuel scarcity because of the importation of the adulterated litres of PMS from Belgium into the country. Though in the last few days, the queues in some of the filling stations in…
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