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South-West IPMAN directs members to sell fuel at N150 per litre

The South West chapter of Independent Petroleum Marketers Association of Nigeria has directed all its members in the zone to henceforth, increase the pump price of Premium Motor Spirit, otherwise known as petroleum to N150 per litre.

MOMAN: Nigeria heading towards full deregulation of petrol

The Major Oil Marketers Association of Nigeria (MOMAN) says Nigeria is gradually heading towards full deregulation of the Premium Motor Spirit (PMS) which will enable pump price to be determined by market forces.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA fixes petrol ex-depot price for N138.62

The Petroleum Products Pricing Regulatory Agency (PPPRA) kept the petrol dealers guessing on Tuesday when it approved an ex-depot price of N138.62 per litre for the Premium Motor Spirit (PMS) petrol and kept the pump price to its chest.

PPPRA: Deregulation will force down PMS price

The Petroleum Products Pricing Regulatory Agency (PPPRA) says full deregulation of the downstream oil and gas sector will help force down price of Premium Motor Spirit (PMS) also known as petrol.

Oil marketers condemn planned protest, shutdown over fuel price hike

Oil marketers, under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), yesterday, kicked against attempts by some labour groups and trade associations to stage a protest march in opposition to the recent hike in the price of Premium Motor Spirit, also known as petrol.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA accused of secrecy in indices guiding petroleum pump price

The Women in Energy Network (WIEN) has accused the Petroleum Products Pricing Regulatory Agency (PPPRA) of secrecy in the computation of the indices guiding pump prices of petroleum products.
Nigerian National Petroleum Corporation (NNPC)

IPMAN suspends planned strike over fuel price

The Independent Petroleum Marketers Association of Nigeria in South West on Wednesday announced the suspension of its planned strike.

Petrol price: We’ll stop supplying fuel – IPMAN

The Independent Petroleum Marketers Association of Nigeria, South West, has threatened to stop loading petroleum products in all depots in the region in protest against the recent increase in the price of petrol.

Oil marketers insist on full deregulation

The independent oil marketers operating under the aegis of the Private Depot of Oil and Gas Marketers Association of Nigeria (PDOGMAN) has impressed on the federal government the need to embark on full deregulation of the downstream sector of the nation’s oil and gas industry, saying this would benefit the economy on the long run.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

NLC demands new petrol price reversal

The Nigeria Labour Congress (NLC) has kicked against the new fuel price of N143.8 announced by the Petroleum Products Price Regulatory Agency (PPPRA) on Wednesday, saying “this might just be the last straw that would break the camel’s back.”

Petrol price hike a move to end subsidy regime – expert

Nigeria’s first professor of the Capital Market and former Imo State Finance Commissioner, Prof Uche Uwaleke, on Wednesday described the hike in petrol price from N123.50k/litre to a price band of N140.80 to N143.80 as an indication that the Federal Government was ready to gradually exit the fuel subsidy regime.

Petrol to sell for N140 per litre in July as PPPRA recommends price hike

The PPPRA says the recommended petrol retail band for a litre of petrol is now between N140.80 and N143.80.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA: Why we still provide ‘guiding price’ for petrol despite ‘deregulation’

The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump price of Premium Motor Spirit (PMS) also known as petrol for marketers.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA: Why government’ll not hands-off downstream oil sector

The Petroleum Products Pricing Regulatory Agency (PPPRA), Sunday, insisted that it would continue to regulate the downstream petroleum industry, irrespective of the recent deregulation of the sector, to prevent petroleum products marketers from exploiting consumers and also to enforce the appropriate laws guiding the industry.

PPPRA: Petrol pump price now N121.50

The Petroleum Products Pricing Regulatory Agency, PPPRA, has announced a new pump price band of N121.50 to N123.50 per litre for Premium Motor Spirit, also known as petrol.

Nigerian government pegs fuel price at N121.50 per litre

The federal government has, on Monday, June 1, slashed the pump price of Premium Motor Spirit (PMS) also known as petrol to N121.50 per litre.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA clears marketers to import petrol

Before the downstream oil sector was liberalised in March this year, the NNPC used to be the sole importer of petrol, a task it handled for more than two years.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has insisted that there is no plan to divest the Federal Government’s stakes in joint venture oil assets.

Minister: We deregulated downstream oil sector in March

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the downstream oil sector was deregulated on March 19, with the reduction in the pump price of the Premium Motor Spirit(PMS) also known as petrol.

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