The lawmakers said the scarcity is just a temporary glitch caused by logistic challenges and further exacerbated by the actions of some unscrupulous marketers who are hoarding petroleum products. The post Reps committees ask security agencies to go after marketers hoarding fuel appeared first on Premium Times Nigeria. Powered by WPeMatico
Fuel scarcity: Marketers warned against hoarding in Osun
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has warned petroleum marketers in Osun State against hoarding the products. The agency also cautioned residents of the state against panic buying, hoarding and storing of petroleum products at home. The State Coordinator of NMDPRA, Adekunle Adeyemo, gave the warning while speaking with journalists on Monday […]
Athletes intensify preparations ahead of Nigeria Oil and Gas Industry Games in Abuja
The athletes are putting finishing touches and perfecting their plans ahead of the games kicking off from 21-27 April at the Moshood Abiola National Stadium, Abuja. The post Athletes intensify preparations ahead of Nigeria Oil and Gas Industry Games in Abuja appeared first on Premium Times Nigeria. Powered by WPeMatico
Nigerian petroleum agency announces new gas price for strategic sector
“The Petroleum Industry Act (PIA) 2021 assented to by the President on the 16th of August 2021 and gazetted on the 27th of August 2021 provides a clear regulatory framework for the determination of a market-based pricing regime for the domestic gas market in Nigeria,” Mr Ahmed said. The post Nigerian petroleum agency announces new […]
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IPMAN blames NMDPRA for petrol products price hike
The Independent Petroleum Marketers Association of Nigeria, lPMAN, has blamed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, for the over 600 per cent increase in the cost of petroleum products across the country between 2020 and 2023. Alhaji Debo Ahmed, the National President of IPMAN, disclosed this in a statement on Tuesday. The […]