Oil marketers

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Arraignment of oil marketers, five firms over $8.4m fraud stalled

Arraignment of oil marketers, five firms over $8.4m fraud stalled

The trail of two oil marketers, Yusuf Kwande and Osahon Asemota and five companies before Justice Mojisola Dada of the Special Offences Court in Ikeja over allegation of N8.4 million fraud was yesterday stalled due to the absence of all the defendants.

Oil marketers decry massive retrenchment, urge FG to pay N650bn subsidy arrears

Oil marketers decry massive retrenchment, urge FG 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.
The marketers under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) made the appeal in separate interviews with the News Agency of Nigeria (NAN) in Lagos on Saturday.