Tag: MOMAN
PIB will curb oil theft, pipeline vandalism, formalise relationship between IOCs, host communities – MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) says the Petroleum Industry Bill (PIB) should formally address issues between International Oil Companies and their host communities. Mr Tunji Oyebanji, Chairman, MOMAN told the News Agency of Nigeria (NAN) on Friday in Lagos that this would help to curb oil theft, pipeline vandalism and reduce the ...Govt. must remain consistent with its policies on liberalisation of petroleum downstream sector – MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) says the Federal Government must remain consistent with its policies, especially as regards the liberalisation of the petroleum downstream sector. Mr. Clement Isong, Chief Executive Officer, MOMAN, told the News Agency of Nigeria (NAN) on Thursday in Lagos that this would enable the country to reap the ...We must remember the country is broke, can no longer afford subsidy – MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) says we all must remember the country is broke and can no longer afford subsidy. MOMAN’s Chairman, Mr Tunji Oyebanji made the assertion in a statement issued on Friday in Lagos while reacting to the outcry over the recent increment of the ex-depot price of petrol. According ...PMS pump price soon to be determined by market forces – MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) says Nigeria is gradually heading towards full deregulation of the Premium Motor Spirit (PMS) which will enable pump price to be determined by market forces. Mr Tunji Oyebanji, Chairman, MOMAN, disclosed this on Wednesday in an interview with the News Agency of Nigeria (NAN) in Lagos. NAN ...Loss of over N154bn by Nigeria’s 3 refineries disturbing – MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) has expressed concern over the N154 billion loss recorded by Nigeria’s three refineries in the 2018 audited accounts published by the Nigerian National Petroleum Corporation (NNPC). Mr Tunji Oyebanji, Chairman, MOMAN, told the News Agency of Nigeria (NAN) in Lagos on Wednesday, that the loss recorded by ...Govt. Policies Remain The Only Way of Achieving, Robust, Downstream Petroleum Industry- MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) says the association will support Federal Government’s petroleum industry policies including the policy on deregulation. Mr Adetunji Oyebanji, Chairman of the Association, said this in a communique issued on Tuesday in Lagos after a Chief Executive Officers’ Strategy Retreat organised by MOMAN, which ended in Abuja on ...IPMAN Calls On Members to Support FG’s Pipelines Protection Initiatives
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Wednesday urged its members to support the Federal Government’s petroleum products pipelines protection initiatives against frequent vandalism. Mr Chinedu Okoronkwo, the IPMAN’s National President, made the appeal in an interview with the News Agency of Nigeria (NAN) in Lagos. Okoronkwo made the appeal ...We Have 2.6bn Litres Petroleum Products in Stock to Meet The Nation’s Demand- NNPC
The Nigerian National Petroleum Corporation (NNPC) says it has 2.6 billion litres of petroleum products offshore and onshore in Lagos State to meet the nation’s demands. Mr Isiaka Abudulrasaq, the Chief Financial Officer, NNPC gave the assurance in an interactive session with journalists in Lagos on the corporation’s stewardship to Nigerians on ...FG to Pay Oil Marketers N236bn Part Subsidy Claims by Dec. 14, to Receive Last Claims in 2020 — FG
The Federal government has said it would pay oil marketers N236 billion out of N348 billion approved by the National Assembly as outstanding subsidy claims on Friday Dec. 14. The Chief Operating officer, Nigerian National Petroleum Corporation (NNPC) Downstream, Mr Henry Ikem-Obih disclosed this to newsmen in Abuja on Saturday. “The Debt Management Office ...N800bn Subsidy Debts: Pay Your Outstanding Debts or We Cease Operations – Oil Marketers Urge FG
Oil marketers have given the Federal Government seven-days ultimatum to settle outstanding debts totalling N800 billion, failing which depots would cease operation across the country. The marketers, comprising Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products Importers (IPPIs), said failure to meet the deadline ...
