Tag

PETROAN

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has justified its earlier request that the Federal Government authorize a N100 billion intervention fund to help stabilize the petroleum products market and make them more accessible to Nigerians. 
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) said the Nigeria National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (PMS) from N1,020 to N899 in Lagos, and N970 in other states. 
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has stated that the Port Harcourt Refinery Company Limited has not yet released any new purchase price for Premium Motor Spirit (PMS). 
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has reacted to the pricing of Premium Motor Spirit (PMS)  from the Dangote Refinery, describing the  N990 price as inconsiderate.  
Oil marketers have blamed the fresh scarcity of petrol on the supply challenges from the Nigerian National Petroleum Company (NNPC) Limited, the major oil supplier.
A recent review conducted by Nairametrics on Monday, January 1, regarding petrol prices across some Nigerian states, uncovered the fact that citizens are currently paying as high as N690 per liter for petrol.  
Billy Gills-Harry, the National President of PETROAN has said that new parts installed at the Port Harcourt refinery can ensure at least 78% efficiency.
Petroleum product marketers have started the process of converting more than 7,000 retail outlets across the country to...
Uncertainty in the air as signs of a possible increase in the price of petrol persists.