Tag
MOMAN
Fuel scarcity continues to worsen in Lagos, Ogun State, Abuja, and some other parts of the country despite claims by the Nigeria National Petroleum Corporation (NNPC) Limited that all issues have been resolved.
The Major Oil Marketers Association of Nigeria (MOMAN) has just announced Huub Stokman, the CEO, OVH Energy, as the Association’s Chairman, following the exit of Olumide Adeosun on August 31, 2023.
The Major Oil Marketers Association of Nigeria (MOMAN) has said that foreign exchange and international crude prices contribute over 80% to the recent fuel pump price increase.
The impact of Brent crude price increase on Nigeria’s downstream sector and the country’s fuel pump price will not be immediate.
The Major Oil Marketers Association of Nigeria (MOMAN) has shared 12 tips for Nigerians to reduce their fuel consumption by at least 30%.
The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Major Oil Marketers Association of Nigeria (MOMAN) have pledged to manage petrol distribution costs to minimize the impact on petrol pump prices.
The NMDPRA chief executive has appealed to marketing organizations to keep their fuel stations as fuel queues appear all over the country.
Major oil marketers have stated that the fixed retail price of N165 per litre for Premium Motor Spirit (PMS), also known as petrol, is no longer realistic.
MOMAN has denied reports that aviation fuel was being sold at N700 per litre in some parts of the country.
MOMAN has identified solutions to the high price and scarcity of Jet A1 fuel popularly known as aviation fuel, across the country.
MOMAN has acknowledged the factors responsible for the recent surge in diesel and aviation fuel in Nigeria.
MOMAN has directed its members to extend the operations of their jetties, depots and filling stations to between 18 to 24 hours daily.