FG tightens conditions for oil import licence, says debtor oil marketers barred henceforth
As part of new efforts to drive in sanity into the petroleum products import and marketing, the Federal Government has come up with new policy, saying it would no longer issue petroleum product import licences to oil marketers who failed…
PEF frowns at document falsification, unethical practices by petroleum marketers
Board of the Petroleum Equalisation Fund (PEF) Board has concluded plans to sanction any oil marketer who engages in falsification of documents for the movement of petroleum products in the country. The board also hinted readiness to punish marketers’ who…
