The Minister of Finance, Mrs Kemi Adeosun, on Tuesday said the Federal Government had fully paid the N48.2 billion outstanding subsidy arrears owed
oil marketers in 2015.
The state chairman of IPMAN, Mr Ubong Isong who spoke to our correspondent in Uyo the state capital, said the association is doing everything possible to ensure availability of the product in the state but lamented that major
oil marketers in the state are frustrating the dealers with high cost procurement.
The three weeks of face off between
oil marketers in Ekiti state came to an end in Osogbo, the Osun State capital on Sunday Governor of Osun, Ogbeni Rauf Aregbesola brought the warring parties together for an agreement.
Not exact matches
In Vancouver, according to condo marketer Bob Rennie, between 60 % and 80 % of all real estate sales in the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealt
In Vancouver, according to condo
marketer Bob Rennie, between 60 % and 80 % of all real estate sales
in the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new oil and potash wealt
in the city's West Side are now to mainland Chinese, while markets like Calgary and Saskatoon have soared thanks to all the new
oil and potash wealth.
On the contrary the Jewish interest is solely
in the marketing of petroleum products and even there it is probably no more than 5 per cent, the chief
marketer being American
Oil of Baltimore, and American
Oil, though still managed by the Blausteins, who founded it, is now controlled by a Standard of Indiana subsidiary.
He also advised the
oil marketers to accelerate importation of the product to ensure that it was available
in all depots.
Marketers disclosed that they owe their foreign suppliers in excess of $ 1.29 billion, even as the marketers were paid only N413 billion in December 2015 for oil s
Marketers disclosed that they owe their foreign suppliers
in excess of $ 1.29 billion, even as the
marketers were paid only N413 billion in December 2015 for oil s
marketers were paid only N413 billion
in December 2015 for
oil subsidies.
With the government removing fuel subsidies and
oil marketers refusing to sell diesel at pump prices, the cost of doing business
in Nigeria is expected to double over the next three months especially as
oil hits a benchmark price of $ 38 per barrel with the International Monetary Fund (IMF) predicting a further drop to $ 20 per barrel by mid-year.
The Chamber of Bulk
Oil Distributors (CBOD) is calling for calm
in the ongoing disagreement between the LPG
Marketers Association and the National Petroleum Authority (NPA) over the proposed cylinder recirculation program.
Oil marketers has declared that readiness to support measures set into motion by the Federal Government to end the fuel scarcity menace and as such restore sanity by adequately supplying and distributing the products
in a matter of days.
Lagos State Police Command has declared a popular independent
oil marketer and prime suspect of the Badoo cult killings
in Ikorodu and Epe axis of the...
Olawore also said that a problem
in the
oil sector invariably affects the banking sector, because of the unpaid loans collected by
marketers borrowed.
According to him, the delay
in repayment of the loan debts owed the banks by
marketers had led to a retrenchment
in the banking and the
oil and gas sectors.
As high cost of petrol pump price cripples economic activities
in Akwa Ibom state, the leadership of the state Chapter of Independent Petroleum
Marketers Association of Nigeria (IPMAN), has accused Major
Oil Marketers Association of Nigeria (MOMAN) for the high cost of the product
in the state
Justice Latifat Okunnu of the State High Court sitting
in Ikeja, Lagos, has convicted and sentenced two
oil marketers - George Ogbonna and Emmanuel...
Residents of Ekiti erupted
in jubilation on Sunday following the decision of
oil marketers to resume fuel supply of petroleum to the state.
The Lagos State Police Command has declared a popular independent
oil marketer and prime suspect of the Badoo cult killings
in Ikorodu and Epe axis of the State, Alhaji Alaka Abayomi Kamal, wanted.
That word is vitamin, and Price chronicles our love affair with it
in riveting detail, from its first appearance
in 1912 to its recent co-opting by junk food
marketers and snake
oil peddlers.