Forex constraints: association says NNPC may continue as major importer of petroleum products
The Major Oil Marketers Association of Nigeria (MOMAN) has said that the NNPC may continue as the major importer of petroleum products, due to foreign exchange constraints by its members.
‘Government still flirting with subsidy despite deregulation claims’
Oil marketers have said the inability of the Federal Government to unveil legislation that will support claims of deregulation shows that it is still flirting with subsidy, and might be unwilling to adjust prices when oil prices hit certain benchmarks.
IPMAN, MOMAN laud Buhari’s performance in petroleum sector
The Independent Oil Marketers Association of Nigeria (IPMAN) and the Major Oil Marketers Association of Nigeria (MOMAN) on Friday lauded the performance of the Muhammadu Buhari-led administration in the petroleum sector.
Oil marketers demand pricing formula, legislation to sustain monthly adjustments
Operators in the downstream sector of the oil and gas sector have asked the Federal Government to unveil a pricing formula that will guide the monthly adjustments in the pump price of premium motor spirit (PMS) other wise known as petrol in order to avoid dislocations at the retail end of the value-chain.
How oil subsidy removal may create more problems for Nigerians
Unless the challenges bedeviling the downstream sector of the nation’s petroleum industry are surmounted, the removal of oil subsidy may create more problems for Nigerians, especially the poor masses.
MOMAN pushes for legislation on price liberalisation
Oil marketers under the umbrella of Major Marketers Association of Nigeria (MOMAN) has called for full liberalization of the downstream sector rather than modulating the price of Premium Motor Spirit (PMS) commonly known as petrol.
Monthly petrol pricing template may upset downstream sector - Stakeholders
The Federal Government’s monthly plan to implement and re-activate a pricing template for Premium Motor Spirit (PMS), otherwise known as petrol set in May 11, 2016, might disrupt the current stability enjoyed...
MOMAN, DAPMAN express mixed feelings over new pump price
The implementation of the new pump price may be slow, as new pricing templates are expected every month, under the new price modulation strategy deployed by the Federal Government.