The Petroleum Products Retail Outlets Owners Association of Nigeria has officially endorsed Petroleumprice.ng as the trusted digital platform for petroleum pricing, industry news, and marketplace services in Nigeria.
In a statement signed by PETROAN’s National Public Relations Officer, Dr. Joseph Obele, the association said the endorsement followed a comprehensive review of the platform’s performance, transparency, and technological innovation.
PETROAN commended Petroleumprice.ng for its significant role in enhancing accuracy, transparency, and operational efficiency within Nigeria’s dynamic and evolving downstream petroleum sector.
“Their platform enhances access to critical market information, helping stakeholders make informed decisions in a highly dynamic sector. PETROAN is now collaborating with Petroleumprice.ng as a credible source of information for the downstream sector and the industry at large,” Gillis-Harry added.
Responding, the Chief Executive Officer of Petroleumprice.ng, Olatide Jeremiah, expressed gratitude for the endorsement, describing it as a major validation of the platform’s mission.
“We are honoured by PETROAN’s endorsement. Our mission has always been to transform Nigeria’s petroleum sector through real-time depot pricing, in-depth market intelligence, and a secure, verified digital marketplace, all designed to drive efficiency and trust in the industry,” Jeremiah stated.
He further noted that Petroleumprice.ng provides real-time pricing data from major depots across key locations such as Lagos, Port Harcourt, Warri, and Calabar. The platform delivers daily and weekly updates on the prices of petrol, diesel, kerosene, and LPG, enabling users to monitor regional trends and make strategic, cost-efficient decisions in the marketplace.
“Its comprehensive market intelligence includes in-depth analysis of oil price movements, foreign exchange rates, refinery operations, and regulatory developments, enabling strategic planning across the value chain.
“Through a secure, verified B2B marketplace, Petroleumprice.ng connects licensed marketers, buyers, sellers, and logistics providers, streamlining procurement while reducing transaction risks.
“The mobile-optimised, user-friendly interface ensures seamless access to vital data across devices, anytime and anywhere. Users can also benefit from custom alerts and notifications, staying informed about price fluctuations and market changes in real time,” the statement concluded.
