Downstream

Independent Petroleum Marketers Association of Nigeria, IPMAN, Bauchi branch has said it will not reduce pump price for Premium Motor Spirit (PMS), until it receives directive from the national body, from 145 naira to 140 naira per litre. …
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The Nigerian National Petroleum Corporation (NNPC) has disclosed that in the last 13 months, it supplied a total of 19,437,894,096.66 billion litres of petroleum products into the Nigerian downstream sector through its Direct Sales…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members nationwide to reduce petroleum pump price from N145 per litre to N140, The directive was contained in a statement signed by IPMAN National…
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This may not be the best of times for Nigeria’s downstream sub-sector of the petroleum industry as signals emanating there from appear gloomy thus sending shivers down the spines of stakeholders. First to give an inkling of…
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The Technical Adviser to the President of Dangote Group on Refinery and Petrochemicals, Mr Babajide Soyode, has said the Federal Government should stop subsidising Premium Motor Spirit (petrol). Soyode said the completion of Dangote…
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Marketers are likely to record positive growth if the Central Bank of Nigeria’s (CBN) directive to commercial banks on freezing interests on loans taken by them (marketers) to import petroleum products into the country is implemented, the…
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The 650,000 barrels per day capacity Dangote Refinery has projected a crash in volume of Europe’s refined petroleum products exports into Africa. Nigeria and other African countries, the world’s biggest capacity refinery said yesterday,…
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Oil marketers have implored the federal government to urgently liberalise the downstream subsector of the oil and gas sector to attract the desired investment and curb leakages arising from fuel subaidy regime. They appealed to…
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The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at Federal Government’s regulated price. This ends the speculation…
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The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at Federal Government’s regulated price. This ends the speculation about how…
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