The planned removal of fuel subsidy has thrown the Federal Government, petroleum marketers and other stakeholders off balance in a quest to find a smooth transition that would not jeopardise the welfare of the citizenry.
As Nigeria ramps up refining capacity, stakeholders in the downstream sector have advocated the need for operators to embrace automation to promote transparency, eliminate fraud and tackle corruption.
The newspaper headlines are haunting, heart-jerking, painting a horrifying spectacle of the preventable pains of the long-suffering Nigerians, still stewing in the paradox of want -of refined premium motor spirit...
Stakeholders in the nation’s downstream sector were unanimous in their position as regards the need for the government to commence a dialogue with the Nigerian people on the necessity for deregulation to reduce inefficient subsidy...
Major Oil Marketers Association of Nigeria (MOMAN) has implored the Federal Government to consider a full deregulation of the petroleum downstream sector in phases.
26 Nov 2022
The Major Oil Marketers Association of Nigeria (MOMAN) says it is working with the Nigeria National Petroleum Company (NNPC) Ltd., to improve the distribution of petrol across the country. Mr Clement Isong, Chief Executive Officer of MOMAN, said this in an interview with the News Agency of Nigeria (NAN), in Lagos on Saturday, against the…
24 Nov 2022
Apparently preparing Nigerians for a full deregulation regime, depot owners and some petrol marketers have again put the nation in another panic mode by hoarding available products in a push to ensure prices are adjusted to meet their operating expenses.
15 Nov 2022
Handing over a N50m cheque to the Nigerian Red Cross Society at a ceremony in Abuja, Chief Executive Officer of MOMAN, Clement Isong, while representing MOMAN Chairman, Olumide Adeosun, said the recent flooding...
1 Nov 2022
The Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr Farouk Ahmed has launched the Major Oil Marketers Association of Nigeria (MOMAN) Compendiums of Best Practices Series
30 Aug 2022
Major Oil Marketers Association of Nigeria (MOMAN) and other players in the downstream sector have urged the Federal Government to implement the Petroleum Industry Act (PIA) if it plans to wean Nigerians off cheap petrol and focus on other priority sectors.
14 Jul 2022
The Major Oil Marketers Association of Nigeria (MOMAN) has called for the commencement of gradual deregulation of the downstream oil and gas sector to reflect the current price of petroleum products.
13 Jul 2022
The Major Oil Marketers Association of Nigeria (MOMAN) says the regulated N165 pump price for Premium Motor Spirit (PMS), also known as petrol, is no longer realistic.