The Major Marketers Association of Nigeria, MOMAN, at the weekend reiterated its continued partnership with the Nigerian National Petroleum Corporation (NNPC) to ensure seamless supply of petroleum products across the country. In a statement sent to Vanguard, Chairman of MOMAN, Mr. Tunji Oyebanji, who stated this in Lagos, urged the Federal Government to consider removing subsidy on petroleum products, especially because of current low price of oil in the global market.

He said that the N450 billion government set aside for subsidy in the 2020 budget would not add value to the nation’s downstream sector and the lives of Nigerians. He advised government to use such huge amount pegged for subsidy in the budget to develop other sectors in order to impact positively on many Nigerians.