Oil marketers are gearing up to hold discussions with the management of the Dangote Petroleum Refinery to facilitate the efficient supply and distribution of refined petroleum products from the $20 billion facility. The Independent Petroleum Marketers Association of Nigeria plans … Continue reading Marketers set to discuss fuel supply with Dangote
The Federal Government of Nigeria is projected to spend approximately N1.68 trillion on fuel subsidy for Premium Motor Spirit (PMS), commonly known as petrol, between September and December 2023. This estimate is based on data provided by oil marketers and … Continue reading FG projects N1.68trn fuel subsidy expense as marketers predict N900/litre fuel price
Oil marketers have advised President Bola Tinubu to gradually ease the removal of subsidy on Premium Motor Spirit (PMS) due to challenges faced by importers in accessing US dollars and the resulting impact on businesses. This recommendation was made amid … Continue reading Fuel marketers express discontent as government rejects fuel price increase
Nigerians are getting anxious about the cost of gas as the country’s currency, the naira, loses value against the US dollar. With recent increases in global crude oil prices, there’s concern that the price of petrol, commonly known as gas, … Continue reading Marketers warn of possible fuel price increase amid naira slump
Gas consumers are facing impending challenges as prices are set to rise in the upcoming week, according to statements from gas marketers. Olatunbosun Oladapo, the President of the Nigerian Association of Liquefied Petroleum Gas Marketers, has cautioned consumers to prepare … Continue reading Marketers predict cooking gas price increase for the coming week
Oil marketers in Nigeria are currently modifying their trucks to transport gas and supply Compressed Natural Gas (CNG) to filling stations for vehicles that run on gas. Approximately 800 tankers that were previously used for transporting petrol to filling stations … Continue reading Marketers convert 800 petrol tankers for gas supply operations
The Nigeria Union of Petroleum and Natural Gas workers (NUPENG) is set to announce its stance on the contentious topic of fuel subsidy removal for Premium Motor Spirit (PMS), commonly known as petrol, after its National Executive Council (NEC) meeting. … Continue reading Buhari urged to suspend fuel subsidy removal and engage with marketers
AGS NEWS 