DAPPMA

The Depot and Petroleum Products Marketers Association (DAPPMA) has suspended its planned shutdown of depots across the country from loading petroleum products effective from 12-midnight on Sunday, December 9. The suspension…

The Depot and Petroleum Products Marketers Association (DAPPMA) has suspended its earlier directive to commence shutdown of depots across the country from loading petroleum products effective from 12-midnight today (Monday). The…

The Federal Government on Saturday declared that it would pay oil marketers N236bn next Friday. It said the payment was the first tranche of the outstanding N348bn subsidy claims that it owes members of the Major Oil Marketers…

The Federal Government says it has reached an agreement with petroleum marketers on the settlement of their outstanding claims. Consequently, it gave the assurance that operations at all depots and sales will continue until further notice.…

The federal government has begun moves to dialogue with oil marketers over debts owed them, to avert a fuel crisis in the forthcoming festive season. The moves came amid reports that some of the marketers have dissociated themselves from…

Days after oil marketers issued a seven-day ultimatum to demand payment of the N800 billion outstanding subsidy debt under the Petroleum Support Fund (PSF), the federal government said it offered the marketers N340 billion in promissory…

Fuel crisis is looming as the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on Tuesday gave the Federal Government a 14-day ultimatum  to settle a N650 billion debt owed its members. Failure of the…

The Nigerian National Petroleum Corporation, NNPC is owing the Depot and Petroleum Products Marketers Association (DAPPMA) N600billion. Executive Secretary of the association, Mr Olufemi Adewole, revealed in a statement on Thursday, but…