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Marketers increase petrol pump price to N170-N190/litre

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The pump price for Premium Motor Spirit (PMS), popularly known as petrol, has been increased from N165/litre to N170/litre and N190/litre in the country. It...

Fuel scarcity may worsen as marketers threaten industrial action

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Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have threatened to embark on industrial action following the failure of the Federal Government...

NMDPRA licenses 88 LPG plants, skids in Kaduna

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it has licensed about 88 Liquefied Petroleum Gas (LPG) plants and skids in Kaduna...

Oil marketers threaten strike over unpaid bridging claims

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The Northern Independent Petroleum Marketers Forum (NIPMF) threatened to embark on industrial action over unpaid claims to their members by the Nigerian Midstream and...

Bridging claims: Oil marketers get N74bn in 7 months

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has paid the sum of N74 billion to oil marketers as bridging claims in the past seven...

Fuel scarcity: NNPC vows to sanction depot owners for violating pump...

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The Nigerian National Petroleum Corporation (NNPC) has vowed to sanction private depot owners for selling petrol above the Federal Government’s approved ex-depot official price. The...

Fuel scarcity: FG warns against panic buying, insists on N165 pump...

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Federal Government says the fixed pump price of Premium Motor Spirit (PMS), otherwise known as petrol, remains N165 per litre as stipulated in the...

Buhari approves upward review of oil transporters freight rate

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President Muhammadu Buhari has approved the upward review in freight rate for transporters to alleviate the challenges associated with the distribution of Premium Motor...

N500bn claims: Marketers warn of imminent worst fuel scarcity

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned of imminent worst fuel scarcity in the country as the Nigerian Midstream and Downstream...

NNPC: Why fuel queues return to Abuja

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The Nigerian National Petroleum Corporation (NNPC) has said that low loadouts at depots are likely responsible for the fuel queues at petrol stations in...
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