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PETROAN President Denies Allegations of Increased Petrol Prices by NNPC

admin by admin
November 28, 2024
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PETROAN President Denies Allegations of Increased Petrol Prices by NNPC
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Billy Gillis-Harry, the President of the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), has issued a statement refuting claims made by the association’s Public Relations Officer, Dr. Joseph Obele, regarding petrol prices.

Dr. Obele had alleged that petrol from the Nigerian National Petroleum Corporation Limited (NNPCL) was priced N75 higher than the N970 per litre offered by the Dangote Refinery.

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Gillis-Harry emphasized that the NNPCL has not announced any new prices for Premium Motor Spirit (PMS).

He clarified that PETROAN members have continued purchasing PMS based on the previous pricing structure while awaiting updated pricing information.

The statement read: “The National Headquarters of Petroleum Products Retail Outlet Owners Association of Nigeria, PETROAN Abuja, would like to inform the media and the general public that no new price for PMS has been released by the NNPC Port Harcourt Refinery.

“Members of PETROAN only bought PMS with the old pricing template, awaiting new prices. We are excited that the production and loading of refined petroleum products have commenced at the Port Harcourt Refinery, and we are expectant that soon the price of PMS will be stated by NNPC to the benefit of Nigerians.”

Gillis-Harry’s clarification aims to dispel confusion and reassure Nigerians that official pricing updates will be communicated by the NNPCL in due course.

Tags: NNPCPETROANPetrol PricesPresident
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