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IN ENGLISH COMMUNITYNORTH MUST NOT TEAR NIGERIA APART – GOWONPH REFINERY WILL CRASH FUEL PRICE, CREATE JOBS – IPMAN, PETRAONSOUTHEAST STAKEHOLDERS WANT NNAMDI KANU RELEASED, SIMON EKPA JAILEDSUPREME GIVES FINAL VERDICT ON AUTHENTIC APGA NATIONAL CHAIRMANOUR MARKETERS PAID N1,045/LITRE FOR PH REFINERY’S PETROL, SAYS PETROANUPROAR IN SENATE OVER TINUBU”S TAX REFORM BILLSEBONYI GOVT APPROVES PRIVATIZATION OF MEDIA OUTFITSYAHAYA CREATES SCENE AS JUDGE ANGRILY LEAVES COURTROOMPH REFINERY OPERATING AT 70% CAPACITY, TO BLEND 1.4M LITRES OF PETROL PER DAYAHEAD OF 2027, ATIKU, OBI MULL NEW POLITICAL PARTYTINUBU WILL RELEASE NNAMDI KANU – BIANCA OJUKWUOBASANJO LAMENTS DEATH RUMOUR CIRCULATING IN SOCIAL MEDIA, SAYS ‘I’M ALIVE’TRUTH ABOUT THE IGBO NOT SELLING LAND TO NON-IGBOCONTROVERSY OVER PETROL PRODUCTION FROM PORT HARCOURT REFINERY: NNPCL NOT PRODUCING – REPORT; IT’S MISLEADING CLAIMS, WE’RE PRODUCING – NNPCENUGU TO LAUNCH AIRLINE AS GOV MBAH PRESENTS N971.8B FOR 2025WILL PRICE OF PETROL 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Trending News: IF YOU CONTINUE THIS WAY YOU WILL MILK NIGERIA TO DEATH – OBI OF ONITSHA TO POLITICIANSUK TO DEPORT NIGERIAN PASTOR OVER ALLEGED FRAUDNORTHERN SENATORS DEMAND SUSPENSION OF ACTION ON TAX REFORM BILLSBISHOP KUKAH TUTORS TINUBU’S SPOKESPERSONS ON COMMUNICATION STRATEGIES: IT’S NOT ABOUT INSULTING PEOPLEFIRE DESTROYS INEC OFFICE IN DELTATAX REFORM BILLS DIVIDE STATE GOVTSSOUTH AFRICA RELAXES VISA RULES FOR NIGERIAN INVESTORS, TOURISTSWHY WE WITHHELD IDENTITIES OF OWNERS OF SEIZED 753 UNITS DUPLEXES IN ABUJA – EFCCFG CONDEMNS ETHNIC SLURS ON TAX REFORM BILLS, ASKS FOR INPUTSHALT RETIREMENT OF 1000 STAFF PENDING INVESTIGATION – REPS TO CBNUPROAR IN HOUSE OF REPS OVER TAX REFORM BILLSAGF FAGBEMI ASKS ICC TO STOP PROBE OF NIGERIAN MILITARYOVER 61,000 FCT RESIDENTS ON HIV/AIDS TREATMENTNLC BLASTS EBONYI GOVERNOR, SAYS THREAT TO SACK WORKERS IRRESPONSIBLE, UNHELPFULFIVE KEY TAKEAWAYS FROM TAX REFORM BILLS BY OPEYEMI BAMIDELEMINIMUM WAGE: STRIKING WORKERS SHUT DOWN KADUNA, 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PH REFINERY: NNPCL WILL FURTHER SLASH PMS PRICE – PETROAN

Port Harcourt Refinery 560x600 1

PH REFINERY: NNPCL WILL FURTHER SLASH PMS PRICE – PETROAN

The President of the Petroleum Products Retail Outlet Owners Association, PETROAN, said it is working to ensure that Nigerian National Petroleum Company Limited further reduces the price of Port Harcourt Premium Motor Spirit (Petrol) from N1030 per litre in the coming days.

The National President of PETROAN, Billy Gillis-Harry, disclosed this on Friday in his remarks at a strategic meeting in Abuja.

According to him, the role of PETROAN is to ensure that Nigerians get quality petroleum products at cheaper prices nationwide.

“One of the great things that has come out in the last few days is that PETROAN was able to make its own case to ensure that a petroleum product is received at a cheaper price.

“Today, NNPCL has reduced their price to 1,030 Naira, and we are still hoping and pushing that it will still come down low. Our energy security is very critical, and that is why PETROAN as an organisation has consistently pushed for the in-country refining capacity to be enhanced. And that is why we are at the forefront of those who are advocating for the naira for crude oil to boost domestic refining,” he stated.

This comes as Gillis-Harry assured Nigerians that the truckout petroleum products from the Port Harcourt refinery on Tuesday were freshly refined and of standard quality.

He further stressed that Port Harcourt refinery, Dangote refinery, and other emerging refineries will guarantee energy security for all Nigerians.

“And I can tell you, it’s a thing that PETROAN is working hard to make sure that we take the product from there, and ultimately, the prices coming from NNPC will be lower than what we are seeing today. You can hold us responsible to keep making that push.

“So, as far as energy security is concerned, today we have brought up 650,000 barrels per day at Dangote Refinery.

His comments come at the time the Nigerian National Petroleum Company announced the commencement of crude oil processing and truckout of petroleum products at Port Harcourt Refinery on Tuesday.

In an update on Friday, PETROAN announced that the Port Harcourt Premium Motor Spirit (Petrol) ex-depot price stood at N1030 per litre.

Meanwhile, the revival of the Port Harcourt refinery had sparked controversy over the state-owned firm’s operations.

The development comes days after Dangote Refinery reduced its ex-depot price to N970 per litre.

    • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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    TOP TEN BANKS IN NIGERIA BY SHAREHOLDERS FUND IN Q3 2024

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