Trending Naija NewsPremium Motor Spirit Archives

Dangote Refinery’s Price Cut Won’t Reflect Instantly at Stations, PETROAN Explains

February 3, 2025 by Adeshina Olalekan

The eagerly anticipated price cut in petroleum products following Dangote Refinery’s recent ex-depot price reduction is not expected to immediately translate into lower pump prices nationwide, according to the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN). The national president of PETROAN, Billy Gillis-Harry, welcomed Dangote Refinery’s price reduction but explained that implementing these … Read more

Nigerians Brace for Hardship as Dangote Refinery and PETROAN Blame Global Oil Prices for Fuel Price Surge

January 20, 2025 by Ferdinand Miracle

The recent hike in fuel prices in Nigeria has sparked widespread concerns, with the Dangote Refinery and the Petroleum Products Marketers Association of Nigeria (PETROAN) attributing the increase to rising global crude oil prices. Nigerians are now facing a surge in petrol prices, which has led to complaints about the subsequent impact on food and … Read more

Retailers to Begin Lifting Petrol from Port Harcourt Refinery.

January 6, 2025 by Ferdinand Miracle

Marketers and retailers of petroleum products are set to begin lifting Premium Motor Spirit (PMS) from the Port Harcourt Refining Company this week, barring any unforeseen changes. This was revealed by Joseph Obele, the Publicity Secretary of the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), in an exclusive interview. Obele explained that since … Read more