Saturday, February 20, 2021

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Olufemi Adewole

Petroleum marketers back Nigerian govt’s suspension of fuel supply to border areas

The Independent Petroleum Marketers Association of Nigeria, IPMAN, and the Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, on Friday backed the stoppage of supply of petroleum products to border areas.

Nigerian govt pays oil marketers, freezes interest on loan

Henry Ikem-Obih, Chief Operating Officer, Downstream, Nigerian National Petroleum Corporation, NNPC, says the Federal Government has paid the agreed N236 billion as first tranche of the outstanding subsidy claims to oil marketers.

Subsidy debt: Oil marketers suspend shutdown of operations, give 5-day grace

The Depot and Petroleum Products Marketers Association, DAPPMA, has suspended its planned shutdown of depots across the country from loading petroleum products effective from 12-midnight on Sunday, Dec. 9.

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