Sunday, October 1, 2023
Tags MOMAN

Tag: MOMAN

Emefiele meets Tinubu at Aso Rock

Wale Edun, former Lagos Finance Commissioner; and James Faleke, a House of Reps member, were also at the villa.

Six vandals with illegal 700 barrels oil barge arrested

In yet another milestone in the ongoing fight against crude oil theft in the country, the NNPC Limited and its partners, said...

Ahead of fuel deregulation, stakeholders brainstorm, set agenda for Nigeria

The workshop provided data-driven insights into the sector's growth potential. Stakeholders emphasized the need for continuous industry engagement, collaboration, and public sensitization to aid public buy-in on new policies by the government.

Nigeria launches six regulations for Midstream, Downstream petroleum sector

The new regulations are: Midstream and Downstream Petroleum Operations Regulations, 2023, Assignment or Transfer of License and Permit Regulations, 2023; Petroleum Measurement Regulations, 2023;. Gas Pricing and Domestic Demand Regulations, 2023; Petroleum (Transport and Shipment) Regulations, 2023 as well as  Natural Gas Pipelines Tariff Regulations, 2023.

MOMAN challenges downstream operators on services automation 

The Major Oil Marketers Association of Nigeria, (MOMAN), has challenged operators in the Nigerian downstream sector on the automation of their services...

Nigeria’s Energy Editors demand immediate end to  fuel scarcity

NAEC ,therefore, recommends that NNPCL should ensure a transparent subsidy system that will allow the supply figures and cost templates that provide basis for subsidy claims to be verifiable.

Nigeria to spend $7.5bn on petrol subsidy to mid-2023

President Muhammadu Buhari had on Tuesday,  signed the 2023 budget of N21.83 trillion into law after lawmakers increased the size by 6.4% and raised the oil price assumption.

Nigeria: Dialogue, negotiations for fuel price deregulation must begin now – MOMAN

Adeosun who was speaking at the quarterly webinar workshop organized for Energy Editors and correspondents, noted that as a country, Nigeria must begin the process of price deregulation to reduce this inefficient subsidy.

N165 pump price of petrol unrealistic now- MOMAN

The MOMAN chairman noted that there is some energy nationalism going on, leading to some major refining countries hoarding petroleum products like diesel for local use as was the case with COVID-19 vaccines, adding that some developing countries are subsidizing the cost, leading to widespread outages in those countries.

MOMAN offers solution to Nigeria’s current fuel scarcity

MOMAN, as an Association, fears that the current supply framework cannot guarantee steady and consistent supplies to the country given the current state of Government finances and unpredictable international supply shortages.
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Emefiele meets Tinubu at Aso Rock

Wale Edun, former Lagos Finance Commissioner; and James Faleke, a House of Reps member, were also at the villa.

Oil marketers endorse fuel subsidy removal, pledge minimal adjustments 

We once again laud President Tinubu for his bold vision and stand ready to collaborate with his administration in its effort to promote greater economic equality and prosperity for all Nigerians.

Firm unveils 20KG composite cooking gas cylinders to Nigerian Market

According to him, the 20kg LPG cylinder goes for N75,000 due to increase in foreign exchange and is also more competitive.

Allegation of illegal sale of 48m barrels of crude false, Malami insists

Recall that the minister took the same position when he first appeared before the panel on April 27, 2023 to give testimony.