Oil marketers ultimatum expires Monday, shortages loom
Prospects of another round of fuel scarcity in the country emerged Saturday as oil marketers said they were yet to reach an agreement with the Federal Government on the N800 billion subsidy arrears.
Oil marketers urge FG to pay outstanding fuel subsidy claims
The Major Oil Marketers Association of Nigeria (MOMAN) has appealed to the Federal Government to pay the outstanding fuel subsidy claims to its members to pay back their bank loans.
Jubilation across Ekiti as Fayose, oil marketers reach truce
Wild jubilation followed the end to a three week war between Ekiti State Governor Ayodele Fayose and oil marketers in the state as the two parties reached pact and sheath swords after a peace meeting brokered by Governor of Osun State, Ogbeni Rauf Aregbesola at the government House in Oshogbo yesterday evening.
Oil marketers gets forex to import diesel, aviation fuel
The Nigerian National Petroleum Corporation, Subday, said the Central Bank of Nigeria, CBN, has released foreign exchange to oil marketers to import Automotive Gas Oil, AGO, and Aviation Turbine Kerosene, ATK.
FG pays oil marketers N407bn outstanding subsidy claims
Respite seems to be in sight for Nigerians over the unending fuel scarcity witnessed across the country, as the Federal Government, yesterday, said it has paid N407.077 billion to oil marketers for their outstanding subsidy claims.
Scarcity: NNPC to check sharp practices
The Nigerian National Petroleum Corporation, NNPC, has commenced the publication of a daily petroleum products supply chart to check sharp practices by oil marketers across the country.
