PETROAN Requests 30% Discounted Petrol Supply Allocation
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has appealed to the Federal Government to allocate at least 30% of its discounted petrol supply to its members. PETROAN President Billy Gillis-Harry made this request during an interview with Arise News, emphasizing that this allocation would improve nationwide distribution and make discounted petrol more accessible to Nigerians.
He noted that PETROAN's extensive retail network could complement the Nigerian National Petroleum Company Limited's (NNPC) distribution efforts. Gillis-Harry stated that the 30% figure is a minimum and could be adjusted based on NNPC's assessment of their collaboration.
He explained that access to discounted petrol would allow independent retail outlets to offer lower prices while maintaining profit margins. PETROAN members would pay NNPC for the petrol, acting as an extension of NNPC's distribution efforts to reach more Nigerians efficiently.
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