By Aluta News Dec 17, 2023 As the removal of fuel subsidy continues to negatively impact Nigerians, residents of the Federal Capital Territory (FCT) say there is a need for government to increase their purchasing power. The residents said this in an interview with the News Agency of Nigeria (NAN)Continue Reading
By Aluta News June 30, 2023 A coalition of Civil Society Organisations (CSOs) on Friday said it would resist planned increase in the price of petroleum being allegedly worked on by the Independent Petroleum Marketers Association of Nigeria (IPMAN). The CSOs made their position known in a statement jointly signedContinue Reading
By Aluta News June 4, 2023 The Independent Petroleum Marketers Association of Nigeria (IPMAN), has commended the Federal Government for approving importation of petroleum products by private firms. Mr Chinedu Anyaso, Chairman of IPMAN Enugu Depot Community, in charge of Anambra, Ebonyi and Enugu States, said this while reacting toContinue Reading
By Aluta News May 30, 2023 Fuel pump price is now between N400 and N500 in Edo and Delta, as long queues on Tuesday morning, resurfaced in the few filling stations opened for business. The News Agency of Nigeria (NAN) reports that the sudden hike in fuel pump price andContinue Reading
By Aluta News MaY 28, 2023 Dr Akinwumi Adesina, the President African Development Bank (AfDB), says Fuel subsidy is killing Nigeria’s economy, costing it 10 billion dollars alone in 2022. Adesina, who said this at a lecture in Abuja, said Nigeria’s fuel subsidies benefit the rich not the poor, fuelingContinue Reading
By Aluta News Jan. 20, 2023 There is no respite for Lagos residents over the lingering fuel scarcity as Major Oil Marketers Association of Nigeria (MOMAN) has increased the price of petrol to N185 per litre without official notification. The News Agency of (NAN) reports that fuel scarcity persisted onContinue Reading
By Aluta News Jan. 9, 2023 The Federal Government on Monday projected that by the first Quarter of 2024 Nigeria will put an end to the importation of petroleum products into the country. The Minister of state Petroleum Resources, Timipre Sylva said by the first quarter of 2024 the rehabilitationContinue Reading
By Aluta News Dec. 7, 2022 Ejigbo Satellite Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Company Ltd. (NNPCL) to give same window given to Major Oil Marketers Association of Nigeria (MOMAN) to buy fuel at regulated depot price of N148.17 perContinue Reading
By Aluta News Dec. 2, 2022 The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured Nigerians that the prevailing fuel crisis ravaging various parts of the country would soon disappear. Its Coordinator in Delta, Mr Victor Ohwodiasa, gave the assurance when he led a team of the regulatoryContinue Reading
By Aluta News Nov. 14, 2022 The Independent Petroleum Marketers Association of Nigeria (lPMAN), says subsidy on Premium Motor Spirit, popularly known as petrol, is no longer sustainable. Mr Mike Osatuyi, the National Operations Controller of lPMAN, in an interview with the News Agency of Nigeria (NAN) on Monday inContinue Reading
