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DAPPMAN

Subsidy debt: Oil marketers get first tranche of N236 billion

Oil marketers yesterday confirmed receipt of N236 billion being first tranche payment of the outstanding N800 billion subsidy debt owed its members.
Kabir Marafa, senator representing Zamfara central, says he will remain in the All Progressives Congress (APC) to fight injustice.

Subsidy claim: Muhammadu Buhari’s enemies plotting evil – Kabiru Marafa

Senator Kabiru Marafa, representing Zamfara Central, has warned that if marketers are not paid the outstanding of N800 billion, the enemies of the present administration may cause disquiet that will result in the return of fuel queues.
Nigerian National Petroleum Corporation (NNPC)

NNPC urges Nigerians to avoid panic buying

Despite threats by petroleum depot owners to shutdown operations if their unpaid N800 billion subsidy claims were not cleared, the Nigerian National Petroleum Corporation (NNPC) says it has sufficient petroleum products in its facilities and urged consumers across the country not to engage in panic buying.

DAPPMA rescinds directive to shutdown depots across Nigeria

Depot and Petroleum Products Marketers Association (DAPPMA) suspends its earlier directive to commence shutdown of depots across Nigeria and stop loading petroleum products effective from midnight of Sunday

Oil marketers to shut down operations midnight

Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) directs its members to shut down all loading operations by midnight
Henry Ikem-Obih

NNPC fast-tracks agreements with bulk purchase marketers

Nigerian National Petroleum Corporation (NNPC) fast-tracks agreements with bulk purchase marketers in Nigeria
Henry Ikem-Obih

Oil marketers to get N236 billion subsidy claims by Friday

Federal government says oil marketers would be paid N236 billion out of N348 billion approved by the National Assembly as outstanding subsidy claims on December 14

Subsidy arrears: Oil marketers insist no agreement with federal government as ultimatum lapses on...

Oil marketers on Saturday said they did not reach any agreement with Federal Government on the N800 billion subsidy arrears, saying their ultimatum to cease depots operations on Monday remained unchanged.

N800 billion subsidy debt: Banks take over assets of oil marketers

For their inability to service their huge debts, Deposit Money Banks (DMBs) have taken over the assets of some defaulting oil marketers.

We’re yet to be paid N800 billion subsidy – petrol marketers

Oil marketers on Sunday appealed to the federal government to effect quick payment of their outstanding N800 billion subsidy debts.

PIGB: Oil marketers advocate two oil industry regulators

Oil marketers and the Organised Private Sector (OPS) on Sunday, canvassed for two regulatory bodies to regulate the oil industry under the Petroleum Industry Governance Bill [PIGB] currently before the National Assembly.

Oil marketers sack workers over N650 billion federal government’s debt

Oil marketers have commenced a reduction of their workforce due to their inability to pay staff salaries, the News Agency of Nigeria (NAN) reports.

DAPPMA calls off 14-day ultimatum over N650 billion debt

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has called off its 14-day ultimatum earlier given to the Federal Government over N650 billion debt owed its members.

NUPENG advises federal govt to ‘think outside box’ to end fuel scarcity

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has told the Federal Government to “think outside the box,” to end the persistent fuel scarcity in Nigeria.

Fuel scarcity: DPR sanctions 30 filling stations in Ogun

Munat Bello Zagi, the Ogun State Operations Controller, Department of Petroleum Resources (DPR), has said that in the last five weeks, the department sanctioned over 30 filling stations for violating various rules of petroleum marketing in the country which has contributed to fuel scarcity in the state.

DAPPMA gives federal govt 14-day ultimatum over N650bn subsidy debt

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Tuesday gave the the Federal Government a 14-day ultimatum to settle a N650 billion debt owed its members.

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