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Major Oil Marketers Association of Nigeria

FRSC: Nigeria lost N39 billion to trailer, tanker accidents in 2018

The Federal Road Safety Corps (FRSC) says Nigeria lost over N39 billion to tanker and trailer-related road crashes in 2018.

FSDH: Fuel subsidy unsustainable

The Chief Executive officer of FSDH Merchant Bank Limited, Hamda Ambah, has said the government must provide palliative measures for the masses to guarantee the success of the deregulation of the downstream oil and gas sector, which will lead to the removal of fuel subsidy.
The Department of Petroleum Resources (DPR) has sealed 30 fillings stations in Cross River for selling petrol above the approved price of N145 per litre and other offences.

DPR seals 55 petrol stations in Port-Hacourt

The Department of Petroleum Resources (DPR) on Tuesday said it had sealed no fewer than 55 petrol stations in Port-Harcourt and environs in the last six weeks for various offences.

Major marketers reiterate support for federal government’s petroleum industry policies

The Major Oil Marketers Association of Nigeria (MOMAN) says the association will support Federal Government’s petroleum industry policies including the policy on deregulation.

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.

PENGASSAN, NUPENG wade into federal government, marketers’ N800 billion subsidy rift

PENGASSAN and NUPENG call for quick resolution of ongoing rift over unpaid fuel subsidy claims before it snowballs into huge crisis that will plunge Nigeria into catastrophic economic mess

Subsidy arrears: Federal government to pay oil marketers Friday

Ikem-Obih, said that while this first tranche will be paid, the balance of the subsidy debt will be cleared by the government in 2019 and 2020, after meeting with the marketers again.
Zainab Ahmed

Federal government, petroleum marketers ‘reach agreement’ on unpaid claims

The Federal Government says it has reached an agreement with petroleum marketers on the settlement of their outstanding claims.

IPMAN: We will not join planned strike

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that it would not be a party to the planned strike by other oil marketers.

Federal government urged to meet oil marketers to ensure petrol availability during Yuletide

A financial expert, Tony Edeh, has urged the Federal Government to resolve issues with oil marketers to ensure availability of fuel during the Yuletide.
Oil marketers have given the Federal Government an ultimatum, threatening to shut down depots across the country.

Oil marketers threaten to shut down depots over unpaid subsidy

Oil marketers have given the Federal Government an ultimatum, threatening to shut down depots across the country.

Fuel scarcity looms as marketers give federal government seven-day ultimatum

Oil marketers under the aegis of Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA), and the Independent Petroleum Products Importers (IPPIs) on Sunday gave the Federal Government seven days to settle the N800 billion subsidy debt owed them under the Petroleum Support Fund.

Oil marketers give federal government seven days to pay N800 billion subsidy debts

Oil marketers on Sunday in Lagos issued a seven-day ultimatum, demanding that the Federal Government settle the outstanding debts totalling N800 billion, failing which depots would cease operation across the country.

DMO, oil marketers to meet over payment of subsidy arrears

The meeting, which is at the instance of the DMO is designed to provide an opportunity for the debt management agency to explain the process for the issuance of promissory notes to settle outstanding arrears due to the marketers as well as provide a ‘Status Report.’

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.
Executive Secretary, Nigerian Content Development and Monitoring Board, Simbi Wabote (left); Senator Ita Giwa; King of Ochia Autonomous Community, Eze Ekwueme Ekwueme; Minister of State for Petroleum Resources, Dr. Emmanuel Kachikwu; Refinery Project Manager for Lambert, Mr. Mohamad Chit; Chief Operating Officer,Gas & Power, Nigerian National Petroleum Corporation Saidu Mohammed, and Chairman/CEO, WalterSmith Petroman Oil Limited Mr. Abdulrazaq Isa, during the ground-breaking ceremony of 5,000 barrels per day WalterSmith’s modular refinery at Ibigwe, Ohaji Egbema, Imo state .

Oil marketers to address petroleum downstream accidents

Bothered by the risk tendencies in petroleum products movement across the country, oil marketers under the aegis of Major Oil Marketers Association of Nigeria (MOMAN), have decided to minimise cases of accidents on road networks and promote efficient transportation of products.
3 President Muhammadu Buhari presides over Federal Executive Council Meeting held at the Council Chambers in State House. PHOTO; SUNDAY AGHAEZE. AUGUST 1ST 2018

President Buhari withholds assent to PIGB

President Muhammadu Buhari has withheld assent to the Petroleum Industrial Governance Bill (PIGB). The decision is coming after 17 years of rigorous consultations and legislative hassles on the document.

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President Muhammadu Buhari on Tuesday has said that he is suffering from cold.

President Buhari threatens to relocate projects from states creating impediments

President Muhammadu Buhari has threatened that henceforth the Federal Government might be forced to re-allocate projects elsewhere if any state government or communities create unnecessary impediments in the allocation of land or access to such lands for federal projects.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

Torture chambers: I don’t support criminality – President Buhari

President Muhammadu Buhari on Saturday commended the Nigeria police for the discovery of what he described as “child-theft racket in Kano State” and “fake correctional centers in Kaduna and Katsina states”, saying he does not support criminality, abduction, child theft, and torture chambers.
Rafa Nadal wedding Puerto Pollensa

Rafael Nadal marries partner of 14 years in Mallorca

Rafael Nadal married his partner of 14 years, Xisca Perello, at a castle in Mallorca on Saturday.
Governor Seyi Makinde

Oyo government to recruit more teachers soon – governor

Governor Seyi Makinde of Oyo State says his administration would soon recruit more teachers to enhance quality education delivery in public schools across the state.
Manchester United manager Ole Gunnar Solskjaer has underlined his determination to continue at the helm despite suffering another painful defeat, this time at the hands of West Ham.

Ole Gunnar Solskjaer to resign if Manchester United woes continue

Ole Gunnar Solskjaer is reportedly prepared to resign as Manchester United manager if he cannot overturn the club’s recent poor form.