The federal government has stepped in to ease mounting pressure on Nigeria’s aviation sector. It approved a 30 per cent debt discount for domestic airlines while initiating urgent talks to stabilise the soaring price of Jet A1 aviation fuel, reports The Nation. Minister of Aviation and Aerospace Development, Festus Keyamo, announced the interv...
•PETROAN President, Billy Gilly-Harris Oil marketers have called for liberalisation of the downstream sector, where other players with licenses will be allowed to import more Premium Motor Spirit (PMS) or petrol into the country. National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-H...
•Dangote trucks The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has expressed concern over the tensions generated by the confrontation between the Dangote Petroleum Refinery and the National Union of Petroleum and Natural Gas Workers (NUPENG). The marketers, however, stressed the need to douse the tensions in the in...
•Port Harcourt refinery Oil marketers have expressed worries over what they described as the “slow pace” of repair activities at the Old Port Harcourt Refinery, which was shut down on May 24, 2025, for a 30-day scheduled repair. An update at the facility was revealed in a statement signed by the Zonal Chairman of the […]
•NNPC Ltd boss, Bashir Bayo Ojulari Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of the Nigerian National Petroleum Company Limited, calling for transparency, inclusiveness, and accountability in the process. They noted that the sale or privatisation of t...
Data obtained by the Major Energies Marketers Association of Nigeria (MOMAN) yesterday indicated that the landing cost of a litre of imported petrol increased by ₦88 in one week. The association confirmed the rise in the landing cost in its daily energy bulletin released yesterday, arguing that price changes are inevitable in a deregulated mar...
•NNPCL trucks lining up for petrol loading at the Dangote Refinery Oil marketers under the auspices of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have advocated a holistic market where Nigeria-based refiners, importers, depot owners and retail outlets are given a level playing field to operate. The oil market...
•Dangote Three major oil marketers in the country, yesterday, asked the Federal High Court in Abuja to stop what they described as plot by Dangote Petroleum Refinery and Petrochemicals FZE, to monopolise the energy sector of the economy. The marketers, including AYM Shafa Limited, A. A. Rano Limited and Matrix Petroleum Services Limited, maint...
•Dangote Nigerian oil marketers have expressed surprise at the revelation by Chairman of Dangote Refinery, Aliko Dangote, that the refinery has a stockpile of about 500 million litres of petrol in its tanks for sale and upward distribution to retailers. The Frontier reports that the billionaire businessman made the revelation yesterday during ...
•Tinubu Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream oil sector, seeking to end government price controls due to subsidies. The Major Energies Marketers Association of Nigeria, in collaboration with the Depot and Petroleum Products Marketers Association of Nigeria, Crude Oil...

