….Targets $10Bn Foreign Direct Investment The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has signed the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a key component of the Federal Government’s fiscal reforms agenda aimed at enhancing the performance of the […]
Tag: Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)
Fuel Scarcity: IPMAN Seeks N500Bn Bridging Claims’ Payment To Marketers
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has called on the Federal Government to immediately pay marketers their bridging claims estimated at about N500 billion to enable them commence the lifting of petroleum products from the nation’s depots in order to end fuel scarcity. The IPMAN Public Relations Officer, Mallam Yakubu Suleiman, was quoted […]
Regulatory Agency Assures End To Fuel Scarcity Today
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mallam Farouk Ahmed, has assured fuel consumer that the lingering fuel scarcity will end today (Thursday) with the arrival of 300 million litres into the country through six vessels ordered by the NNPC. Ahmed also hinted that this is even as […]