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Regulator mum over scarcity as NNPC relocates team to Lagos

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), yesterday, remained mum on the situation of fuel distribution, as motorists struggled to buy premium motor spirit spread across major cities in the country. While efforts to evacuate adulterated fuel and maintenance of adequate supply appeared to have been overwhelming the system, The Guardian learnt, yesterday, […]

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‘Suspension of PIA will deepen uncertainties in downstream sector’

The Chairman, Major Oil Marketers Association of Nigeria (MOMAN), Olumide Adeosun, has stated that the Federal Government’s suspension of the Petroleum Industry Act (PIA) would create more uncertainties in the nation’s downstream sector. Adeosun stated this on the sidelines of MOMAN’s subsidy workshop for journalists. He urged the present administration to be consistent with formulating […]