• Oil marketers want payment of $800m forex differentials

    Oil marketers want payment of $800m forex differentials

    As banks and other lenders have begun a recovery programme to recoup loans and debt from the downstream sector of the oil industry, the Major Oil Marketers Association of Nigeria (MOMAN) has appealed to the Federal Government to ensure payment of two years accumulated claims on interest and foreign exchange differentials of over $800 to allow for free flow of Premium Motor Spirit in Nigeria (PMS) in the country.

    Besides, the current PMS monthly data from the National Bureau of Statistics […]