The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says petrol prices will crash down following the revival of the Port Harcourt and Warri refineries by the Federal Government. In a statement on Saturday, PETROAN National Public Relations Officer, Dr. Joseph Obele, said contrary to previous doubts the refineries are “now fully operational, with…
The Petroluem Products Retail Outlets Owners Association of Nigeria (PETROAN) has asked the Federal Government to privatise state-owned refineries, requesting a ₦100bn grant from President Bola Tinubu to help oil marketers stay afloat. In a statement on Saturday, titled PETROAN’S Retrospect of Nigeria’s Oil and Gas Downstream Sector 2024, the association listed several groundbreaking moves…
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says Nigerians should expect a reduction in the pump price of the product within the week. Last week, the Nigerian National Petroleum Company (NNPC) Limited and the Dangote Refinery reduced the ex-depot price of petrol to ₦899 per litre in Lagos. While the pump price…
