The Independent Petroleum Marketers Association of Nigeria ,IPMAN has urged the Federal Government to leverage homegrown technology to address the refining challenges in Nigeria’s petroleum industry. In an interview with NAN on Tuesday, Mr. Chinedu Anyaso, the Chairman of IPMAN’s Enugu Depot Community overseeing Anambra, Ebonyi, and Enugu States, expressed his commendation for President Bola…
In spite of the immediate benefits of the Nigerian National Petroleum Company Limited ,NNPCL $3 billion commitment letter and term sheet for an emergency crude oil repayment loan, JOSEPH INOKOTONG writes on the need for full disclosure. The announcement by the Nigerian National Petroleum Company Limited (NNPCL) last week that it had secured a $3…
NNPCL, The Nigerian National Petroleum Company Limited has secured a $3 billion crude repayment loan to support the naira and stabilise the foreign exchange market, a terse statement posted on the official account of the company on X (formerly known as Twitter) said on Wednesday. The statement noted that the oil company secured the funding…
Fuel Hike, Following the recent hike of the Premium Motor Spirit (PMS), also known as Petrol or fuel after the removal of the subsidy by President Bola Tinubu-led government, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has hinted at an increase in the product. The IPMAN in a statement issued on Thursday, August 10,…
