Can FG reconcile MOMAN, PENGASSAN positions on refineries’ repair?
An irreconcilable scenario seems to be playing out on the best option for the revival of all the ailing nation’s four refineries. Whereas the Major Oil Marketers’ Association of Nigeria (MOMAN) is of the view that no amount of fund…
Deep-rooted corruption in running refineries’ll smoke any fund for TAM—MOMAN
Major Oil Marketers Association of Nigeria (MOMAN), a body consisting of leading players in the oil and gas sector, has revealed that the billions of dollars being regularly pumped into the rehabilitation and turnaround maintenance (TAM) of all four refineries…
Banks’ take over 15 tank farms, petrol stations, assets of defaulting marketers’
Indications have emerged that commercial banks that assisted several downstream oil and gas investors with deep pocket loans, having tried every legal processes to get back their facilities are now combing nook and carnies of the country searching investments and…
NNPC, marketers douse fears of fuel price hike
To douse fears of possible increase in the pump price of Premium Motor Spirit (PMS), popularly known as petrol, the Nigerian National Petroleum Corporation (NNPC) and marketers in the downstream oil sector have said there are no plans for that…
Scarcity looms as oil marketers urge FG to pay outstanding N720bn fuel subsidy claims
There are anxieties that the Major Oil Marketers Association of Nigeria (MOMAN) may be running out of patience on backlog of subsidy claims as it appealed to the Federal Government to pay the outstanding fuel subsidy claims to its members…
