PPPRA Issued Licenses to 42 Oil Marketers

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The Petroleum Products Pricing Regulatory Agency (PPPRA) had issued licenses to 42 oil marketers to import a total of 4.8 billion litres of fuel in the second quarters of the year 2012 .This will be the first fuel importation into the country this year after the partial subsidy removal that now pegged the pump price of petroleum to N97 per litre from the initial government proposal of N143 per litre, after public protest and demonstrations. (view full text)

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