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Marketers Negotiate with Refineries, NNPC for Cheaper Fuel

Hopes of cheaper petroleum products brightened yesterday as fuel retailers under the auspices of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) are currently in talks with refineries, including Dangote refinery and the Nigerian National Petroleum Company (NNPC Ltd) to achieve a lower price regime for Nigerians.

PETROAN President, Billy Gilly-Harry, disclosed this in a telephone interview with Daily Sun on Sunday. According to him, some of the refineries that PETROAN is negotiating with include; Dangote refinery, Edo refinery and Aradel refinery.

Gilly-Harry assured that at the end of the talks, Nigerians will surely have access to cheaper fuel at a rate that would be affordable.

He said PETROAN is a big deal in the downstream petroleum sector because they engage the industry with accurate and evidence-based data as provided by its members.

He said these data are incontrovertible and have helped every player within the downstream value chain in planning and product allocation.

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