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Flood: MOMAN donates N50m to Nigerian Red Cross Society

Caption L-R: Secretary General, Nigerian Red Cross Society,  Abubakar Kende receiving a N5O million naira cheque from Executive Secretary, Major Oil Marketers of Nigeria,  Clement...

NMDPRA Boss  Launches MOMAN Compendium of Best Practices Series

  On stage for the launch with the CEO were the MOMAN Chairman and CEO Ardova Plc, Olu Adeosun, the CEO, 11 Plc, Tunji Oyebanji...

FG lacks capacity to sustain N6trn fuel subsidy says MOMAN

Adeosun The Major Oil Marketers Association of Nigeria, MOMAN, has said that the Federal Government lacks the capacity to spend N6 trillion this year as...

Ending petrol subsidy extremely difficult but inevitable – MOMAN

  The Major Oil Marketers Association of Nigeria, MOMAN, says ending subsidy on Premium Motor Spirit, PMS, is extremely difficult but the Federal Government has...

Subsidy removal: FG needs to win trust of Nigerians, says TUC president

The President, Trade Union Congress, TUC, Festus Osifo, says Nigerians are not averse to the removal of subsidy on Premium Motor Spirit, PMS, but...

‘Nigeria needs reduction of subsidy while investing and subsidising mass transportation and productive activities’

The Major Oil Marketers Association of Nigeria, MOMAN, believes that Nigeria needs to gradually reduce the subsidy of PMS while investing and perhaps subsidising...

MOMAN advocates for full deregulation and implementation of PIA, 2021

The full deregulation of the petroleum downstream sector and full implementation of thePetroleum Industry Act, PIA, 2021 clearly remains the most viable long-term solution...

NNPC to pay N874bn in June as subsidy hits N1.82tn

Operators in the oil and gas sector as well as other stakeholders are uncomfortable with the continued rise in the amount spent in subsidising...

MOMAN advocates for a cost recovery and free market and competitive economics

The Major Oil Marketers Association of Nigeria, MOMAN, has advocated for a return to cost recovery and free market and competitive economics (including access...

Why Nigeria is exposed to import parity prices-Expert

The Oil and Gas market is in an unusual state of turmoil and uncertainty and fuel prices are high everywhere. Nigeria is an integral part...

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