PETROAN reveals plan to ensure stable petrol prices for Nigerians
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN has said retailers want to build petrol price certainty for Nigerian consumers. The spokesperson of PETROAN, Joseph Obele, disclosed this in a statement on Tuesday after visiting the Azikel domestic refinery. PETROAN noted that Nigeria can no longer rely on foreign refineries to convert crude […] PETROAN reveals plan to…
The Petrol Products Retail Outlets Owners Association of Nigeria, known as PETROAN, has outlined their plan to ensure stable petrol prices for Nigerian consumers. Joseph Obele, a spokesperson for PETROAN, made this revelation in a statement following a visit to the Azikel domestic refinery. The organization emphasized that Nigeria can no longer depend on foreign refineries to convert crude oil into the fuels necessary for the country's economy.
Billy Gillis-Harry, the National President of PETROAN, expressed that retailers aim to form practical partnerships with indigenous refineries. This collaboration would enhance product availability, strengthen supply chains, and provide greater certainty for businesses and consumers. PETROAN's primary goal is not just to secure supply for its members but to establish lasting commercial relationships that are fair and advantageous to refiners and marketers.
Currently, Nigerians are purchasing petrol at a price range of N1,370 to N1,450 per litre in Abuja and its surroundings. This development follows the reduction in fuel prices at filling stations after the Dangote Refinery decreased its petrol price by N25 per litre.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
