Major Marketers Open Up on Real Cause of Fuel Scarcity

MOMAN expresses fears over end to crisis, insists current supply framework cannot guarantee steady, consistent supplies to the country   The Major Oil Marketers Association of Nigeria on Wednesday opened up on the real cause the fuel scarcity rocking Nigeria just as it empathized with its customers as they continued to grapple with recurrent scarcity of Premium Motor Spirit (petrol) in various parts of the Country. Platforms Africa reports that Chairman of MOMAN, Olumide Adeosun, and the CEO/Executive Secretary of the group, Clement Isong, stated during a virtual press conference…

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Oil Minister, Marketers Meet over N3trn Subsidy, Takeoff Shift

Our stand on 18-Month Extension for Subsidy Removal – MOMAN Minister of state for Petroleum Resources, Timipre Sylva, has met with Major Oil Marketers Association of Nigeria (MOMAN) over issues around the planned N3 trillion Subsidy payment as well as the shift in the implementation of the end of fuel subsidy. Chairman of MOMAN, Olumide Adeosun, who disclosed this at a press conference in Lagos on Monday, maintained that his group is, asides the meering that took place last Wednesday, seeking further engagement with Mr. Sylva and other top government…

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