Business Hilights

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Depot and Petroleum Products Marketers Association (DPPMA)

NNPC can’t sustain being sole importer, marketers’ can’t import, sale at N145

Two key issues at the centre of the current yuletide fuel scarcity have been revealed vide a report by the Business Hilights Intelligence Unit (BHIU). According to the report released weekend in Lagos, “The continued double status assumed by the…

Adeosun frustrating Osinbajo’s order to offset subsidy arrears to marketers, banks

A showdown coming from banks and independent marketers may be underway if the Minister of Finance, Mrs. Kemi Adeosun continues to delay the payment of over N800bn that accrued to petroleum marketers between 2014 and 2017. This is coming on…