Oil marketers
4 Nov
Last week, the President of Dangote Group and owner of Dangote Refinery Limited (DRL), Aliko Dangote, again begged petrol marketers
17 Sep
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has blamed the Nigerian National Petroleum Company Limited (NNPCL), saying it doesn’t make sense for it to sell petrol lifted from the Dangote Refinery higher than imported ones. John Kekeocha, IPMAN National Welfare Officer, on Monday, said, “If NNPC can sell Dangote products higher than the imported…
4 Sep
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has expressed great excitement over the commencement of premium motor spirit (PMS) production by Dangote Refinery. The refinery, which is set to revolutionise Nigeria's petroleum industry, began producing petrol this week. Aliko Dangote, the Executive Chairman and CEO of Dangote Refinery, announced at a press…
26 Jul
In the wake of growing tensions within Nigeria's oil sector, local oil traders and marketers are calling on Dangote Refinery to implement a more equitable business model that ensures a level playing field for all market participants. This plea comes amid accusations of market monopoly and preferential treatment for foreign buyers. READ MORE: Senate wades…
10 Jun 2024
A group of oil marketers has disclosed why the price of a litre of fuel cannot drop to as low as N300 in Nigeria. The Major Energy Marketers Association of Nigeria (MEMAN) made this disclosure in a statement where they also denied reports that the local refining of crude oil could lead to fuel selling…
1 May 2024
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down all their marketing outlets nationwide over more than N200 billion in debts owed to them by the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) from 2022.
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