Home Topics Major Oil Marketers Association of Nigeria

Major Oil Marketers Association of Nigeria

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.

Federal government holds stakeholders summit on tankers crashes Monday

The Federal Government will, on Monday, hold Stakeholders’ Summit on Haulage Transportation in Nigeria, to deliberate on how to tackle recent rising cases in road traffic crashes involving tankers/trailers in the country with the attendant loss of human and material resources.

Oil marketers urge federal government to pay N650bn subsidy arrears

Oil marketers have appealed to the Federal Government to pay them over N650 billion subsidy arrears to reverse the gale of retrenchment sweeping across the sector and sustain their operations.

DPR to shut down unlicensed petrol stations in Cross River

The Department of Petroleum Resources (DPR) in Cross River, on Wednesday in Calabar, threatened to shut down filling stations in the state without registered operating licence.

Recent Stories

Cultists kill final year student of CRUTECH

A final year student of the Cross River State University of Technology (CRUTECH) was brutally killed on Monday morning.

Delta APC mocks O’tega Emerhor on failed case against party, Senator Omo-Agege

The Delta State chapter of the All Progressives Congress (APC) Monday mocked a leader of the party in the state, Olorogun O’tega Emerhor, following failed court cases he filed against the party through an executive faction led by Cyril Ogodo.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

Facebook tells US Congress how it thinks its cryptocurrency Libra should be regulated

Facebook will not launch the cryptocurrency Libra until it has “fully addressed regulatory concerns,” according to David Marcus, the head of Facebook’s Calibra. The remarks are prepared testimony he plans to give tomorrow, in front of the US Senate Banking Committee.
A graduate of Insurance from the Polytechnic, Ibadan, Oyaremi Olabode, was on Monday convicted of criminal impersonation and sentenced to four months in prison.

Ibadan polytechnic graduate jailed for impersonation

A graduate of Insurance from the Polytechnic, Ibadan, Oyaremi Olabode, was on Monday convicted of criminal impersonation and sentenced to four months in prison.
The Speaker of the House of Representatives, Femi Gbajabiamila, has approved the appointment of Olarewaju Lasisi as his senior special adviser on media and public affairs. 3

Insecurity: We’ll give special budgetary attention to Zamfara – Speaker Gbajabiamila

Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said that the 9th National Assembly would give special budgetary attention to the three Senatorial Districts of Zamfara State in order to resolve the issue of insecurity.