The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on Dangote Refinery to reveal the exact price at which it sells Premium Motor Spirit (PMS), citing a lack of transparency in the refinery’s pricing structure. This has raised concerns among stakeholders in Nigeria’s petroleum sector.
PETROAN’s President, Billy Gillis-Harris, expressed disappointment during an appearance on Channels Television’s program The Morning Brief, noting that since the refinery began operations, the Nigerian National Petroleum Company Limited (NNPCL) has been acting as the intermediary, purchasing petrol from Dangote and selling it to other retailers. Despite initial hopes that Dangote’s operations would ease fuel prices, the expected relief has not been realized.
Gillis-Harris emphasized the importance of transparency, stating, “We don’t know what the Dangote price is. At this point, retail outlet owners like us should have clear pricing information, yet it remains shrouded in secrecy.”
He urged Dangote Refinery to foster better communication with stakeholders, including retail outlet owners, marketers, and consumers, stressing the need for business transparency. “Even though it’s a private business, which we are proud of, it involves Nigerians, and there should be open dialogue to ensure everyone benefits from its operations,” he added.
News Editor 
Hyelsinta Hassan