PETROAN Warns Dangote Refinery’s Fuel Distribution Plan Could Create Monopoly, Trigger Job Losses
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has strongly opposed Dangote Refinery’s plans to distribute petroleum products directly to retail outlets across the country. Over the weekend, Dangote Refinery disclosed its…
IPMAN, PETROAN Fault NNPC as Port Harcourt Refinery Shuts Down After Months of Inactivity
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has claimed that the Nigerian National Petroleum Company Limited (NNPC Ltd) shut down the Port Harcourt Refining Company merely to avoid embarrassment. According to IPMAN, the facility…
PETROAN Blames Incompetence for Port Harcourt Refinery Shutdown Despite $1.5bn Rehabilitation
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has criticised the Nigerian National Petroleum Company Limited (NNPCL), attributing the shutdown of the Port Harcourt Refinery to incompetence, despite the $1.5 billion spent…
Petrol Price Surge: Long Queues Return to Filling Stations Nationwide
Long queues have returned to filling stations across Lagos, Ogun, Abuja, Port Harcourt, and other states following a hike in the pump price of Premium Motor Spirit (PMS), popularly known as petrol. The recent increase in petrol prices, ranging between…
PETROAN Requests ₦100 Billion Intervention Fund from FG to Stabilize Petroleum Market and Reduce Prices
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has justified its request for a ₦100 billion intervention fund from the Federal Government to stabilize the petroleum products market and make them more affordable for…