The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has entered into a Premium Motor Spirit (PMS) distribution deal with Dangote Refinery as a collaborative arrangement to ease fuel supply nationwide
The National President of PETROAN, Dr. Billy Gillis-Harry, who made this disclosure, indicated that based on the arrangement, PETROAN members would now commence distribution of Dangote Refinery’s fuel with the attendant implications for reducing price disparity at filling stations nationwide.
He clarified: “PETROAN sealed a partnership with Dangote/MRS for greater and more efficient petroleum distribution nationwide. By this agreement reached today, Nigerians will henceforth get the best value for money paid for the purchase of PMS, and the era of price disparity will be a thing of the past, even as consideration for the cost of transportation is inclusive in the scheme.”
The industry expert described the deal as Dangote Refinery management and PETROAN’s demonstration of concern for Nigerians, and urged Nigerians to be optimistic that better days are ahead in the downstream market of the oil and gas industry.
In a related development, the association has commended the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for the issuance of gas distribution/importation licences to 10 marketers, which include the NNPCL, NGML, NIPCO, AXXELA, FALCON, and SNG.
The association, in a statement issued on Tuesday and signed by its spokesman, Joseph Obele, restated the PETROAN leadership’s commitment to ensuring that adulteration of petroleum products, illegal adjustment of metering systems, victimisation of retail outlet owners by agencies, and hoarding of petroleum products are eradicated.
The statement reads: “The National President congratulated Akinola Ogunyolemi, who emerged as the Lagos State Chairman of PETROAN in a keenly contested election.
“Other elected officers at the Ordinary General Meeting include Chief Kayode Owodiye (Vice Chairman), Ehimen Akhere Joseph (Secretary), Mrs. Jane Okoh (PRO), Prince Bakare Adeyinka (Treasurer), and Mr Olugbenga Alex (State Technical Adviser).
“The president charged them to acknowledge the hierarchy of PETROAN at the national and zonal levels. The National President of PETROAN directed the newly inaugurated Lagos State Executive Council of PETROAN to apply for and secure an audience with the Lagos State Governor, just as it is done in other states, for the presentation and introduction of the State leadership of PETROAN to the governor”, the spokesman added.