The Nigerian National Petroleum Corporation (NNPC) may have spent about N835 billion higher on petroleum subsidy in the first nine months of this year than it did last year based on imported products’ data provided by the Petroleum Products Marketing Company (PPMC) and the Department of Petroleum Resources. The official data provided by the two […]
Leading oil marketers in the country under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) have appealed to the Federal Government to accelerate the payment of over N650 billion subsidy arrears owed them to enable them meet their loan repayment obligations to their banks. Members of the association comprise, the Independent Petroleum Marketers […]