Tag: PETROAN

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PETROAN denies seeking free money from FG, explains N10bn request

The Petroleum Product Retail Outlet Owners Association of Nigeria has clarified that the N100 billion it requested from President Bola Tinubu is intended as a loan and not a non-repayable grant. This follows its initial request, which sought the funds to support its members in mitigating the impact of fuel subsidy removal on their operations. […]

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Retailers to start loading from P’Harcourt refinery this week – PETROAN

Marketers and retailers of petroleum products are set to start lifting Premium Motor Spirit from the Port Harcourt Refining Company this week, barring any last-minute changes. This was revealed by the Publicity Secretary of the Petroleum Products Retail Outlet Owners Association of Nigeria, Joseph Obele, in an exclusive interview, according to The Punch. Obele explained […]

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PETROAN urges FG to privatize Warri, Kaduna refineries

The Petroleum Products Retail Outlets Owners Association of Nigeria has called on the federal government to privatize the Warri and Kaduna refineries. PETROAN believes that privatization would help foster competition in the oil and gas sector, potentially improving efficiency, productivity, and the overall supply of petroleum products in Nigeria. In a statement on Saturday, PETROAN […]