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Subsidy Removal Saved Nigeria from Deeper Economic Crisis - PETROAN President
The National President of the Petroleum Products Retail Outlets Owners Association of Nigeria, Billy Gillis-Harry, has stated that Nigeria’s decision to remove fuel subsidies on May 29, 2023, prevented the country from facing more severe economic challenges. Speaking on Breakfast Central on Thursday, a programme on News Central, Gillis-Harry credited the administration of Bola Ahmed Tinubu for…
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Marketers and oil companies sign agreement to construct a 50,000 bpd refinery
Nigeria’s bid to enhance its refining capacity is making strides, as petroleum product retailers have inked a deal with three oil companies to establish a 50,000 barrels per day refinery. On Wednesday, the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) formalized an agreement with Claridge Petroleum Company Ltd, Oasis Petrochemical Products Limited, and Afrintech.…
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PH Refinery Will Reduce Fuel Price, Create Jobs – IPMAN, PETROAN
IPMAN, PETROAN: PH Refinery will reduce fuel price, create jobs as Nation’s refineries reopened for production Nigerians are thrown into joyous mood as the Port Harcourt refinery begins production. The stakeholders in the oil and gas sector announced the reopening or the Port Harcourt Refinery for operation on Monday in a bid to enhance price competition, reduce the price of petroleum products…
IPMAN Needs NNPC Approval To Lift Petrol – Dangote Refinery
IPMAN needs NNPC approval to lift petrol – Dangote Refinery, as it awaits NNPC’s go-ahead In a statement on Thursday, Dangote Refinery revealed that it was yet to receive go-ahead from Nigeria National Petroleum Company Limited (NNPCL) to supply Premium Motor Spirit, widely known as Petrol, to the members of the Independent Marketers Association of Nigeria. This revelation was made on Thursday…
The President Of PETROAN, Billy Gillis-Harry, Said They Have Been Asked To Resubmit Their Proposal To Dangote Refinery.
Billy Gillis-Harry the president of PETROAN said that his team was requested to submit their proposal again to obtain petrol from Dangote. He said, “the price can be knocked down to N700/litre; it depends on the volatility of the market and this does not always mean upward prices, it could also mean prices coming down.” “We have written to them (Dangote) several times and they are fully aware of…
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Nigeria's petroleum marketers have accused Dangote Refinery of implementing a secret petrol price regime
Dangote Refinery is allegedly running a secret petrol pricing scheme, according to Nigerian petroleum traders. Billy Gillis-Harris, the president of the Petroleum Products Retail Outlets Association of Nigeria (PETROAN), revealed this in an interview with Channels Television. Gillis-Harris pushed Dangote Refinery's management to be transparent, seek feedback from interested parties, and permit marketers to directly raise the price of its petrol, instead of continuing to operate in secrecy about fuel prices. Although NNPCL provided a pricing structure, he pointed out that it concealed Dangote Refinery's contribution to the pricing. Gillis-Harris advised Dangote to communicate openly, engage with stakeholders, and solicit insightful feedback from all parties because the company operates with Nigerians, retail store owners, and a variety of customers. According to him, Dangote Refinery is transparent about the price of its diesel but not its petrol. He can provide you with information regarding their diesel costs, as they were informed about them; but, he is in the dark regarding the PMS. The reason Dangote Refinery hasn't disclosed its petrol pricing, according to economist Emmanuel Kelvin, is because the commodity hasn't been completely deregulated. Read the full article
Nigeria's petroleum marketers have accused Dangote Refinery of implementing a secret petrol price regime
Dangote Refinery is allegedly running a secret petrol pricing scheme, according to Nigerian petroleum traders. Billy Gillis-Harris, the president of the Petroleum Products Retail Outlets Association of Nigeria (PETROAN), revealed this in an interview with Channels Television. Gillis-Harris pushed Dangote Refinery’s management to be transparent, seek feedback from interested parties, and permit…
PETROAN okays NNPCL’s request for private oil firms to takeover Port Harcourt Refinery
The Port Harcourt refinery’s operation by private oil and gas companies is a good thing, according to PETROAN, the Petroleum Product Retail Outlet Owners Association of Nigeria.
The Port Harcourt refinery's operation by private oil and gas companies is a good thing, according to PETROAN, the Petroleum Product Retail
